Answer:
percentage profit = 150%
Step-by-step explanation:
percentage profit = sp - cp/cp * 100
sp is the selling price = 60000
cp is the cost price = 24000
percentage profit = 60000-24000/24000 * 100
percentage profit = 36000/24000 * 100
percentage profit = 36000/240
percentage profit = 150%
Answer:
<h2>11.6</h2>
Step-by-step explanation:
GIM means Gross Income Multiplier and it is a method used for valuating a property or an investment. It is expressed mathematically as the ratio of the property's value/sales price and its gross annual income.
GIM = Value of an investment/Gross annual income.
Given the annual income = $547,500 and Value = $6,345,000;
GIM = $6,345,000/$547,500
GIM = 11.589
GIM ≈ 11.6
Hence, the Gross Income Multiplier of the strip mall is approximately 11.6.
GIM has no units.
Answer:
72% i think but I may be wrong
Answer:
Step-by-step explanation:
Answer:
Step-by-step explanation:
n+1/2n=7/2
2n^2+1/2=7/2
4n^2+2=14
4n^2=12
n^2=3
n=radical3