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3 years ago

How are the concepts of markup and markdown related to the percent equation?

Mathematics

2 answers:

Nataly_w [17]3 years ago

6 0

9514 1404 393

Explanation:

Markup is the name given to the difference between a cost price and a selling price:

cost price + markup = selling price

Markdown is a name given to the difference between a list price or tag price and the actual selling price.

list price - markdown = selling price

Markup and markdown are actual currency amounts. Often, sellers relate them to the cost price or the list price using percentages. That is, the percentage markup can be figured as ...

percent markup = (markup)/(cost price) × 100%

Similarly, the markdown may be expressed as a percentage of the selling price:

percent markdown = (markdown)/(selling price) × 100%

Additional comments

These representations as percentages are often used because a seller is usually interested in having a specific percentage return on money invested. By making the markup a specific percentage of the cost price, that return can be ensured.

Markdown percentages are often important to a buyer. They look for sales that offer a large percentage discount (markdown), sometimes not paying so much attention to the list price.

otez555 [7]3 years ago

5 0

Answer:

Markup is how much to increase prices and markdown is how much to decrease prices. If we are given a markdown percentage, we multiply the percentage with the original price to find how much of a decrease we are getting, then we subtract this difference from the original price to find the marked down price.

Step-by-step explanation:

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3 years ago

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The slope of a line is -1/3, and the y-intercept is 10/3. What is the equation of the line written in general form?

Y_Kistochka [10]

The answer is: [B]: " x + 3y + 10 = 0 " .
______________________________________________________
Explanation:
______________________________________________________
Note the equation for a line; in 'slope-intercept form': "y = mx + b" ;

in which "y" is isolated alone, as a single variable, on the left-hand side of the equation;
"m" = the slope of the line; and is the co-efficient of "x" ;
b = the "y-intercept"; (or the "y-coordinate of the point of the "y-intercept").
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So, given the information in this very question/problem:
______________________________________________________
slope = m = (-1/3) ;
b = y-intercept = (10/3) ;
______________________________________________________
And we can write the equation of the line; in "slope-intercept form"; that is:
______________________________________________________
" y = mx + b " ; as:
______________________________________________________

" y = (-1/3)x + (10/3) " ;
______________________________________________________
Now, the problem asks for the equation of this line; in "general form"; or "standard format"; which is:
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"Ax + By + C = 0 " ;
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So; given:
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" y = (-1/3)x + (10/3) " ;
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We can multiply the ENTIRE EQUATION (both sides) by "3" ; to get rid of the "fractions" ;

→ 3* { y = (-1/3)x + (10/3) } ;

→ 3y = -1x + 10 ;

↔ -1x + 10 = 3y ;

Subtract "(3y)" from each side of the equation:
____________________________________
-1x + 10 − 3y = 3y − 3y ;

to get:

-1x + 10 − 3y = 0 ;

↔ -1x − 3y − 10 = 0 ;

→ This is not one of the "3 (THREE) answer choices given" ;

→ So, multiply the ENTIRE EQUATION (both sides); by "-1" ; as follows:

-1 * {-1x − 3y − 10 = 0} ;

to get:
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→ " x + 3y + 10 = 0 " ; which is: "Answer choice: [B] ."
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Note that is equation is in the "standard format" ;
→ " Ax + By + C = 0 " .
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4 years ago

Read 2 more answers

50 POINTS !! PLEASE HELP !! ILL GIVE BRAINLIEST TO THE RIGHT ANSWERS.

NeTakaya

I think answer is 9.3 after it’s rounded
use the formula a^2 +b^2=c^2

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3 years ago

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Given:

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