Use multipliers:
The normal price the shop would sell the racquet for is:
1.6 * 200 = 320
'1.6' is the multiplier that I got using the percentage. Multiplying a value by 1.6 is the same as increasing the value by 60%. If you multiplied it by 0.1 (which is the same as dividing by 10), you would get just 10% of the value.
Back to the question, now we can use the multiplier 0.75 because we are are reducing the price by 25% (0.25 as a decimal), so:
320 * 0.75 = 240
And now we want just the profit so we take off how much it cost the shop to buy ($200): 240 - 200 = 40
Answer:
Step-by-step explanation:
A and E are congruent T and P are congruent the other one is T and S and the other A and B
The formula is
A=p (1+r)^t
A future value?
P present value 160000
R interest rate 0.16
T time 3years
A=160,000×(1+0.16)^(3)
A=249,743.36
Use that future value to find the present value at a rate 8% compounded annually
To find p (present value) solve the formula for p
P=A÷ (1+r)^t
Where r is 0.08
P=249,743.36÷(1+0.08)^(3)
p=198,254.33
