If x + 4 = 12, what is the value of x?
2 answers:
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a quick clarification and then some.
Profit is what's leftover after the cost is subtracted from the revenue, or namely, if you sell a product for some amount, say 10, and you sold 100 of those, so you made 10*100 or 1000, that's the revenue or the income coming in, however, in making the product you had to cover some expenses, like if it's clothing, well, you have to buy the garment and saw it, have premises and machines to make the clothing and so on, all that's expenses, and since it's out of pocket money, is Cost, if you subtract that Cost from the 1000 in Revenue, what's leftover, that surplus is Profit.
this company sells "p" units, each at $855, so their Revenue will just be 855p, expenses or Cost is a fixed amount of $6780, so the profit comes from their difference.
on a given month, they sold 250, namely p = 250, so their Revenue is just 250*855 = 213750 bucks, however, we need to remove the Costs of 6780, 213750 - 6780 = 206970, that's our Profit.
now, the CEO takes a bite of 15% of that
Answer: d. np(1 - p).
Step-by-step explanation:
Let x be any binomial variable which represents the number of success such that , where n is the sample size or the total number of trials and p is the probability of getting success in each trial .
Then, the mean E(x) and the variance Var(x) for the binomial distribution is given by equation :
where n is the sample size or the total number of trials and p is the probability of getting success in each trial .
Therefore , the correct option is option d. np(1 - p) .
Current Account Balance = $1,624.35
Initial Deposit = $975
Interest Rate (Simple) = 3.7% simple interest
Interest Earned = Current Account Balance - Initial Deposit
⇒ Interest Earned = $1,624.35 - $975
⇒ Interest Earned = $649.35
Now the Formula for Simple Interest is:
Simple Interest = ×, where P is the initial deposit, R is the rate of interest and T is the time period
⇒ 649.35 =
⇒ T =
⇒ T = 18
Hence, Jeremiah has had the account for 18 years.