Markup means they sell it for that percentage more than they bought it for. First let's calculate how much they will mark it up for:
Convert 87% into a decimal(87/100):
Multiply:
This is how much they'll mark it up, now let's add it to how much they bought it for to find out the selling price:
Answer:
SI = $1,200 ; A = $6,200
Step-by-step explanation:
First, converting R percent to r a decimal
r = R/100 = 3%/100 = 0.03 per year,
then, solving our equation
I = 5000 × 0.03 × 8 = 1200
I = $ 1,200.00
The simple interest accumulated
on a principal of $ 5,000.00
at a rate of 3% per year
for 8 years is $ 1,200.00.
Answer:
b=200 and m=200
Step-by-step explanation:
There are many answers to this problem. You can replace b and n for the number 200. You need to find what two numbers, added up, will give you 400. If b=200 and m=200, when added up, it will give you 400.
Answer:
B
Step-by-step explanation: