Answer:
Explanation:
You can convert the percent markup into a multiplicative factor in this way:
Base price: 15,800 . . . (cost to the seller)
Percent mark up: 115% . . . (based on the cost to the seller)
Sale price: 15,800 + 115% of x = 15,800 + 115 × 15,800 /100 =
= 15,800 + 1.15 × 15,800 = 15,800 (2.15) = 33,970
The markup is:
- Markup = price paid by the seller - cost to the seller = 33,970 - 15,800 = 18,170 (notice that this is 115% of 15,800)
And <em>the percent markup based on the sale price is</em>:
- % = (markup / sale price) × 100 = (18,700 / 33,970) × 100 =
= 53.49 %
Rounding to the nearest tenth percent that is 53.5 %.
Answer:
y = 6
x = 2
Step-by-step explanation:
rearrange the first equation in terms of x
x = (y - 2)/2
substiute x in the second equation
y = -5[(y-2)/2] +16
Now simpilify and solve for y
y = (-5y + 10)/2 +16
y = -5/2y + 5 + 16
y + 5/2y = 5 + 16
3.5y = 21
y = 6
Now substitue y in the first equation to solve for x
x = (6 - 2)/2
x = 2
Answer:
12326391
Step-by-step explanation:
Answer
-1
Step-by-step explanation:
Just plug in the numbers.
Answer:
-1/5
Step-by-step explanation:
