Answer:
the markup is 1.26 (the amount added is .26)
1.26x (when x is the price Fred buys them for from the manufacturer)
1.26(40)
$50.40 is the retail price
50.4-40
$10.40 is the markup
Step-by-step explanation:
The 26% markup means that he is selling the flags 26% above the cost.
So, the cost would represent 100%, which is 1, and 26% of markup in decimal number is 0.26.
The price including the markup would be 1.26 as decimal or 126% as percentage.
The problem states that the cost is unknown, so we represent that with a variable x. The retail price would be 1.26x, which is 126% per flag.
Finally, if Fred paid $40 per flag, the actual retail price would be:
1.26($40)=$50.40.
With $10.40 of markup.
Since x=-3y+5, substitute x for -3y+5.
2(-3y+5)+8y=4
Distribute.
-6y+10+8y= 4
2y+10= 4
Subtract 10 on both sides.
2y=-6
Divide by 2.
y=-3
Plug in y=-3.
x=-3(-3)+5
x= 9+5
x=14
(14,-3)
We can check this.
2(14)+8(-3)=4
28-24=4
4=4 <== this works
I hope this helps!
~kaikers
5/2 is already in its simplest form. You cannot reduce this fraction any further.
