The equation that would best describe the situation would be the first option. To solve this question, simply break down the question into sections and then use variables X and y to represent each of the things asked for in the problem. We know the following:
X = no of tetra fish
Y = no of goldfish
If there is twice as much goldfish than tetra fish, then it would be 2y.
X = 2Y.
Then knowing what X and y represent, find the equation that gives the total cost of fish he bought, knowing that 1.50 is for a goldfish and 2.00 is for a tetra fish.
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Answer: Choice C) $1,444.50</h3>
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There are two methods to get the answer.
The slightly longer method is to take 7% of the original price to get
7% of 1350 = (7/100)*1350 = 0.07*1350 = 94.50
The sales tax is $94.50
Add this onto the original price to get 1,350+94.50 = 1,444.50
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A shortcut is to multiply the original price by 1.07
The multiplier 1.07 represents a 7% increase since
- 1 = 100%
- 0.07 = 7%
- 1.07 = 1 + 0.7 = 100% + 7%
So we will have 1.07*1350 = 1,444.50
You will find the area of the 5 surfaces made of glass. There is a front, back, 2 sides, and the bottom. Each face is in the shape of a rectangle, so you will multiply the length by the width.
1. Front- 24 x 27 =648
Back-24 x 27 = 648
2. Side- 21 x 27 =567
Side - 21 x 27 = 567
3. Bottom - 21 x 24 = 504
Add all these together for your total amount of glass needed. The answer is 2934 square cm of glass.
Mark up value is either a fixed amount or a percentage of the total cost or selling price.
In this problem, mark up value is the percentage of the total cost.
To determine the retail price, total cost and mark up must be added.
Selling Price = Total Cost + Mark up value based on Total Cost
However, we are looking for the Total cost. Thus, our formula should be
Total Cost = Selling Price - Mark up value based on Total Cost.
Let X = total cost.
Selling Price = $8,000
Mark up vale = 6% of total cost.
X = $8,000 - 6%X
X = $8,000 - 0.06X
To get X, transfer -0.06X to the other side and change its sign from negative to positive.
X + 0.06X = $8000
1.06X = $8000
To get X, divide both sides by 1.06
1.06X / 1.06 = $8000 / 1.06
X = $7,547.17 total cost.
The problem is looking for the mark up value and since it states that the mark up value is 6% of the total cost, then:
Total Cost x 6% = Mark up value
$7,547.17 x 0.06 = $452.83 mark up value
To check:
X + 0.06X = $8000
$7547.17 + $452.83 = $8000
$8000 = $8000 equal.
