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2 years ago

A retailer buys pants at $28.00 and sells them for $42.00. The percent of markup on cost is

Mathematics

2 answers:

Elena L [17]2 years ago

4 0

30% is the answer to the question.

BabaBlast [244]2 years ago

4 0

Answer:

The markup percentage is 50%.

Step-by-step explanation:

The percentage of markup could be calculated by dividing the profit of the pants by the retailer price. In this case we can calculate the profit and then the markup percentage, this is:

$Profit=42.00-28.00=14.00$

The profit is $14.00, now we can calculate the markup percentage:

$Markup=\frac{14.00}{28.00} =0.5$

Now the percentage:

$Markup=0.5*100=50$

The markup percentage is 50%.

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Papessa [141]

The table is missing in the question. The table is provided here :

Group 1 Group 2

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Solution :

a). The IV or independent variable = Group 1

The DV or the dependent variable = Group 2

b).

$H_0: \mu_1 = \mu_2$

$H_a:\mu_1 < \mu_2$

Therefore, $t = \frac{\bar x_1 - \bar x_2}{\sqrt{\frac{s_1^2}{n_1}+\frac{S_2^2}{n_2}}}$

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Therefore the value of p :

$=T.DIST(-2.579143,6,TRUE)$

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3 years ago

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3 years ago

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3 years ago

Read 2 more answers

A taxi driver had 27 fares to and from the airport last Monday. The price for a ride to the airport is $14, and the price for a

OLga [1]

Answer:

(15, 12)

Step-by-step explanation:

Let's generate two systems of equations that fit this scenario.

Number of trips to the airport = x

Number of trips from the airport = y

Total number of trips to and from the airport = 27

Thus:

$x + y = 27$ => equation 1.

Total price for trips to the Airport = 14*x = 14x

Total price of trips from the airport = 7*y = 7y

Total collected for the day = $294

Thus:

$14x + 7y = 294$ => equation 2.

Multiply equation 1 by 7, and multiply equation 2 by 1 to make both equations equivalent.

7 × $x + y = 27$

1 × $14x + 7y = 294$

Thus:

$7x + 7y = 189$ => equation 3

$14x + 7y = 294$ => equation 4

Subtract equation 4 from equation 3

-7x = -105

Divide both sides by -7

x = 15

Substitute x = 15 in equation 1

$x + y = 27$

$15 + y = 27$

Subtract both sides by 15

$y = 27 - 15$

$y = 12$

The ordered pair would be (15, 12)

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2 years ago