Two whole numbers
plssss mark as brilliant
Of course you need to know what "gross margin percentage" means.
Roughly speaking it is the profit as a percentage of sale price.
When a unit costs $1.00 and is sold at $2.50 the excess revenue is $1.50
Although we could express this profit margin as a FRACTION of the sale price,
(so this would be 1.50/2.5 = 3/5), it is usual to state this as a PERCENTAGE.
The gross margin percentage in the original case would be 100 * 3/5 = 60%
Let cost price be c, sale price be s.
Gross margin percentage g = 100* (s - c)/s
Solving this for sale price s
s = c/[1 - (g/100)]
When unit cost increases $0.25 we have c = 1.25
so s = 1.25[1 - 0.6] = 1.25/0.4 = 3.1
Action needed to maintain the gross margin percentage
is to increase selling price to $3.10
I’m guessing you just have to multiply all the sides together and divide
Answer:
1. 37, 2. 1 2/5
Step-by-step explanation:
For Question 1:
Step 1: Replace the x values
x= 3, y=5
Now you get...
9x + 2y ---> (9 x 3) + (2 x 5)
(Remember, if an x value is beside a number, and it is replaced, that replaced number is to be multiplied with the number the previous x value was.)
Parentheses first, Multiplication second, Addition third (look at PEMDAS below :) )
Step 2: Multiply and Add
(9 x 3) + (2 x 5)
27 + 10
37
For Question 2:
Step 1: Replace the x and y values
m = 1, p = 5
Now your equation should look like this:
m + p ÷ 5 ---> 1 + 2 ÷ 5
Now, which one to do first? Use the PEMDAS strategy
Parentheses
Exponents
Multiplication
Division
Addition
Subtraction
You have to do it from top to bottom
Division comes first, which means, you have to divide first, then add:
2 ÷ 5 = 2/5
2/5 + 1 = 1 2/5
Hope this helps :)
-jp524
