Answer:
15 rentals
Step-by-step explanation:
You can (and may be expected to) set up an equation that equates the total cost at one store to the total cost at the other store. When you work through the solution of this equation, you find that the "break even" number of rentals is the ratio of the difference in fixed cost (setup fee) to the difference in per-use cost (rental charge).
Here, that ratio is ...
(15.00 -7.50)/(2.25 -1.75) = 7.50/0.50 = 15
15 rentals will make the total costs the same.
Answer: $112.50 ; $4612.5
Step-by-step explanation:
a) Determine how much interest Christine paid at the end of 1 year.
This will be:
Simple interest = PRT/100
where
P = principal = $4500
R = rate = 2.5%
T = time = 1 year
Interest = (4500 × 2.5 × 1)/100
= 11250/100
= $112.50
b) Determine the total amount Christine will repay the bank at the end of 1 year.
Total amount = Principal + Interest
= $4500 + $112.50
= $4612.5
Answer: Yes
Explanation:
120 % = 1.2
If Maxine is correct, then she spent 1.2
times the hours she did homework than last week.
15 ⋅ 1.2 = 18.0 = 18
15 hours ⋅ 1.2 = 18.0 hours = 18 hours
Maxine is correct
Cost of goods = 1,500
Selling expense = 500
Total cost in selling = 1500 + 500 = 2000
Profit = Total Revenue - Total cost in selling = 3000 - 2000 = 1000
Profit = 1000
Hope this explains it.
This is ur required result in attachment
