Which recursive formula can be used to generate the sequence shown, where f(1) = 9.6 and n > 1?
1 answer:
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Given,
CP of cosmetics = Rs 360 per dozen
SP of a pair of cosmetics = Rs 80
To find,
The gain percent
Solution,
1 dozen = 12 items
CP of 1 cosmetic = 360/12 = Rs 30
SP of 1 cosmetic = 80/2 = Rs 40
Profit = SP-CP
= Rs 40 - Rs 30
= Rs 10
Profit percentage is given by :
So, the profit percentage is 33.34%.