Answer:
The 2nd paragraph has the straightforward answer, technically.
This is an example of gross domestic product and today's marketing. When a product is usually paid more money to manufacture than it costs to actually sell. However, the usual difference between manufacturing cost and sales cost is on average is at most 5 - 15% of the manufacturing cost.
The second problem however is just the perfect example of sales and sales tax. The diamond ring is on sale for 30% off in this case, because 290 divided by its percent is equal to 30%, the remaining amount.
Answer:
2/3* 4/5 = 8/15
Step-by-step explanation:
I think your question is missed of key information, allow me to add in and hope it will fit the original one. Please have a look at the attached file below.
Given:
- One-fifth (1/5) of the playground is used for students to sit and read
- 2/3 is used for playing soccer
- The rest of the playground is used for playing basketball
So assume that the the playground is divided into 5 equal part
=> 1 part is used for students to sit and read or (1/5)
=> the remaining equal part is 4 or (4/5)
Because 2/3 of the remaining part is used for playing soccer
=> the equation represents the part of the playground used for soccer is:
2/3 of 4/5
= 2/3* 4/5
= 8/15