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Svetllana [295]

4 years ago

9

I dont know How to solve this at all

1 answer:

AlladinOne [14]4 years ago

7 0

So since this is a linear equation, which is y=mx+b, you use what it tells you in the word problem. so mx is the rate, since in this equation 200 per ton of sugar that's your mx, so its 200x. then for your b value, which in this case is the cost of truck rental, so its 5,400.

your equation is C=200s+5400

the variables are the same so you can use Y and X, but I used the variables used in the word problem.

Y=200x+5400

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1/4+6-2/3
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3 years ago

Need help filling in the blanks: selling price using markup.

Xelga [282]

Answer:

Refer to the explanation.

Step-by-step explanation:

Let's take each one at a time.

1.

To solve for the complement, we simply subtract our markup rate by 100%.

100% - 30% = 70%

Now to solve for the selling price, we use the formula

$SellingPrice=\dfrac{Cost}{ComplementOfMarkupRate}$

$SellingPrice=\dfrac{86.74}{0.70}$

Selling Price = $123.91

2.

We do the same process with the first number.

100% - 40% = 60%

$SellingPrice=\dfrac{Cost}{ComplementOfMarkupRate}$

$SellingPrice=\dfrac{220.00}{0.60}$

SellingPrice = $366.67

3.

The same as the first two.

100% - 20% = 80%

$SellingPrice=\dfrac{Cost}{ComplementOfMarkupRate}$

$SellingPrice=\dfrac{89.50}{0.80}$

SellingPrice = $111.88

4.

Now to solve for the markup rate, we use the formula:

$MarkupRate=\dfrac{Markup}{SelingPrice}$

In this case we first need to find the markup. The markup is the difference between the selling price and the cost.

Selling Price = $235.28

Cost = $199.99

Markup = $235.28 - $199.99

Markup = $35.29

Now the we know our markup, we can then solve for the markup rate using the formula.

$MarkupRate=\dfrac{Markup}{SelingPrice}$

$MarkupRate=\dfrac{35.29}{235.28}$

MarkupRate = 0.1499 x 100 = 14.99% or 15%

5.

Now for the last one, we need to find for the cost. Let's use the selling price formula to find for the cost.

$SellingPrice=\dfrac{Cost}{ComplementOfMarkupRate}$

Selling Price = $30.77

Complement = 65% or 0.65

This will then give us.

$30.77=\dfrac{Cost}{0.65}$

We multiple both sides of the equation by 0.65 to leave our cost alone.

30.77 x 0.65 = Cost

Cost = $20

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