Answer:
sales tax rate = 4%
Step-by-step explanation:
In this problem formula to express one term in percentage is used
To express x as percentage of y is given by (x/y*100) %
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Cost of item = $480
sales tax = $19.20
we have to find sales tax rate.
sales tax rate is percentage of cost price which will levied as tax .
thus, we have to find sales tax as percentage of cost price.
using the percentage cost as given above
sales tax as percentage = sales tax/ cost of item *100
sales tax as percentage = 19.20/480 *100 = 4%
Thus, sales tax rate is 4%.
It means that if cost price of item is $100 then $4 will be the sales tax for the item.
Answer:
hello there,
the answer for this equation is:
The value of Start Fraction 6 Over x End Fraction + 2x2, when x = 3 is 20.
Step-by-step explanation:
:
The total revenue of the function is the product of the quantity and the price
The total revenue in terms of P is TR = 20P - 0.01P^2
<h3>How to determine the total revenue?</h3>
The demand and the cost functions are given as:
Quantity function, Q = 20 - 0.01P
Cost function, C(Q)=60+6Q
The total revenue is calculated as:
TR = Q * P
Substitute Q = 20 - 0.01P in the above equation
TR = P * [20 - 0.01P]
Evaluate the product
TR = 20P - 0.01P^2
Hence, the total revenue in terms of P is TR = 20P - 0.01P^2
Read more about total revenue at:
brainly.com/question/25623677
Answer is 18 unless u wont it in letters
Answer:
49.0809
Step-by-step explanation:
Round it up to 49.10
