Answer:
12% loss
Step-by-step explanation:
The selling price is the sum of the cost price and the markup. Here, the markup (profit) is expressed as a percentage of the cost price.
<h3>Cost price</h3>
The relation between selling price and cost price is ...
selling price = cost price + cost price × markup fraction
selling price = cost price × (1 + markup fraction)
Then the original cost price is ...
cost price = (selling price) / (1 + markup fraction)
cost price = #1.35 / (1 +8%) = #1.25
<h3>Profit</h3>
After the change in selling price, we can find the markup fraction (profit rate) to be ...
1 + markup fraction = (selling price)/(cost price)
markup fraction = (selling price)/(cost price) -1
markup fraction = #1.10/1.25 -1 = 0.88 -1 = -0.12
The trader has a 12% loss when selling the oranges at #1.10.
Answer:
help i need the ansewer
Step-by-step explanation:
5/4 would be ur answer point slip formula is y^2 - y^1 over x^2 - x^1
I think it's Real numbers
2000 pounds=1 ton
So 2000x40= 80,000
Hope this helps if you have any issues with the answer just message me.
