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amid [387]
3 years ago
12

If the price of a sweater was $37.38 after a 35% discount, what was the original price? Round your answer to the nearest cent.

Mathematics
1 answer:
Rainbow [258]3 years ago
3 0

Answer:

$57.51

Step-by-step explanation:

If the price of a sweater was $37.38 after a 35% discount, what was the original price? Round your answer to the nearest cent.

The formula for the original price =

= Sales price/1 - Percentage discount

Percentage discount = 35% = 0.35

Original price = $37.38/1 - 0.35

= $37.38/0.65

= $57.507692308

Approximately = $57.51

Therefore, the original price H= $57.51

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Suppose we are interested in bidding on a piece of land and we know one other bidder is interested. The seller announced that th
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b) 0.72 = 72% probability that your bid will be accepted

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Step-by-step explanation:

An uniform probability is a case of probability in which each outcome is equally as likely.

For this situation, we have a lower limit of the distribution that we call a and an upper limit that we call b.

The probability that we find a value X lower than x is given by the following formula.

P(X \leq x) = \frac{x - a}{b-a}

Assume that the competitor's bid x is a random variable that is uniformly distributed between $10,400 and $15,400.

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You will win if the competitor bids less than 12000. So

P(X \leq 12000) = \frac{12000 - 10400}{15400 - 10400} = 0.32

0.32 = 32% probability that your bid will be accepted

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You will win if the competitor bids less than 14000. So

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So, to maximize the probability that you get the property, you should bid an amount in excess of $15,400.

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