Answer:
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Step-by-step explanation:
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Q1: Rearranging the last of the offered equations, you find
... selling price = overhead/(overhead percent) = $65.34/0.45 = $145.20
Then the net profit is
... net profit = selling price - cost - overhead = $145.20 - 49.32 - 65.34 = $30.54
Q2: Using the same net profit equation, you have
... net profit = selling price - cost - 0.47×selling price = 0.53×selling price - cost
... net profit = 0.53×$3,816,981.10 - 1,723,000.00 = $300,000
Q3: The applicable equation is
... net profit = markup - overhead
This matches selection ...
... B) Net Profit = $30.00 - 0.4 X Selling Price
Answer:
children's: 111 and adults: 62
Explanation:
- given total number of people 173
- total amount received is $306
- during the process, we shall consider x as children and y as adult
make equations:
x + y → 173 [ this was from total people ]
1.5x + 2.25y → $306 [ this was from cost ]
try to make x the subject:
x + y → 173
x → 173 - y ______equation 1
1.5x + 2.25y → $306
1.5x → 306 - 2.25y
x →
__________equation 2
solve them simultaneously:
= 173 - y
306 - 2.25y = 259.5 - 1.5y
-2.25 + 1.5y = 259.5 - 306
-0.75y = -46.5
y = 62
so there were total 62 adults that day in the public swimming pool.
find children's using:
x → 173 - y
x → 173 - 62
x → 111
so there were total 111 children's that day in the public swimming pool.
The answer is A because it's the only one that actually makes sense anyway