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In-s [12.5K]
3 years ago
11

A store is instructed by corporate headquarters to put a markup of 25​% on all items. An item costing ​$24 is displayed by the s

tore manager at a selling price of ​$6. As an​ employee, you notice that this selling price is incorrect. Find the correct selling price. What was the​ manager's likely​ error?
Mathematics
2 answers:
larisa [96]3 years ago
5 0

Answer: The correct selling price is $29.97.

Step-by-step explanation:

Since we have given that

Cost price of an item = $27

Mark up rate = 11%

So, Amount of mark up would be

So, Amount after mark up would be

Hence, the correct selling price is $29.97.

The manager's likely error is that he has put the selling price the mark up amount only i.e $2.9≈$3 instead of adding the mark up amount to the cost price.

Elenna [48]3 years ago
3 0

Answer:

hi

Step-by-step explanation:

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A and B are independent if the probability of both events occurring simultaneously is the same as the above probability, i.e. P(A\cap B)=P(A)P(B). This happens if

  • the hand has 4 aces and 1 non-ace, or
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The above "sub-events" are mutually exclusive and share no overlap. There are 48 possible non-aces to choose from, so the first sub-event consists of 48 possible hands. There are 12 non-ace 4-of-a-kinds and 4 choices of ace for the fifth card, so the second sub-event has a total of 12*4 = 48 possible hands. So A\cap B consists of 96 possible hands, which occurs with probability

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