We buy these products for $50.00 and then sell them for $67.00. That means that our price markup is?
1 answer:
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To solve the question we must know about Logarithm.
<h2>Logarithm</h2>A log function is a way to find how much a number must be raised in order to get the desired number.
can be written as
where a is the base to which the power is to be raised,
b is the desired number that we want when power is to be raised,
c is the power that must be raised to a to get b.
For example, let's assume we need to raise the power for 10 to make it 1000 in this case log will help us to know that the power must be raised by 3.
The value of input can not be negative, the value of x is 8.
<h2>Given to us</h2>- Using
,
- Taking antilog,
- Doing factorization
Equating factors against 0,
1.
2.
As the value of input can not be negative, the value of x is 8.
Hence, the value of x is 8.
Learn more about Logarithm: