Answer:
10.5 %
<u>Skills needed: Financial Math Essentials</u>
Step-by-step explanation:
1) First, before getting started, let's assume the price of the product is 
. This variable will be used a lot throughout the problem ().
2) Marking a price above means increasing the price in order to make money off of the purchased product. When raising something by 
percent, the new price would be 
.
---> In this case, the price increased by 
percent.
This means that it would be: 
New price is: 
3) The shopkeeper is then offering a 
percent discount off of this marked price. When offering a 
percent discount price, the new price (with discount), expressed algebraically is: 
---> the expression above simplifies to 
In this case, 
, 
---> 
This means that , with discount, has been raised 
.
10.5 % is the profit percent
(The profit percent being the final marked up price - purchased price)
The answer is A. Because greater than or equal to > with line under represents a filled in dot. And > by itself represents an empty dot
Answer: 2
Step-by-step explanation:
5-3=2
30-5=15
#'s 9-14
Base info: 40% are red, 30% are white, 20% are blue, and 10% are green
9) 40% chance to get red, 10% chance to get green. 50% chance to get one of either.
10) getting red: 40%
Getting blue: 20%
11) 80% (100% - 20% = 80%)
1/8 = 12.5%
12) 12.5% chance
13) 25% chance
14) 12.5 x 5 = 62.5
62.5% chance
