Answer:
The answer is £ 496
Profit ( P) = Selling price (S) - Cost price ( C)
From the above question
Cost price = £3000
To find the selling price multiply the price of one ticket by the number of tickets sold
That's
Selling price = £18.50 × 189 = £3496
So now
Profit = £3496 - £3000 = £ 496
Hope this helps you
Answer:
A
Step-by-step explanation:
The annual returns will be calculated as follows:
a] Here we use the formula:
A=p(1+r/100)^n
A=future amount
p=principle
r=returns
n=time
We are given:
A=500, p=400, t=1
Plugging the values in the formula we obtain:
500=400(1+r)^1
simplifying and solving for r:
1.25=1+r
thus
r=1.25-1
r=0.25~25%
b] Using the formula above:
A=p(1+r/100)^n
A=2500+100=2600, p=2000, n=1 year
plugging the values in the equation we obtain:
2600=2000(1+r)^1
simplifying and solving for r we obtain:
2600/2000=1+r
1.3=1+r
hence
r=1.3-1
r=0.3~30%
The answer actually is 4,245 BUT that is the correct way to do it because you take the smaller population away from the larger population in order to find their difference in sizes.
Answer:
x= -7/8
Step-by-step explanation:
8x + 7 = 0
8x + 7-7 = 0-7
8x=-7
8x/8x = -7/8