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2 years ago

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A bookstore sells books at a profit of at least 15% of the final selling price. The store buys a certain book at a cost of £17.

If the store gives students a 20% discount, what should the selling price of the book before the discount be?

1 answer:

Sholpan [36]2 years ago

3 0

The Selling Price of The Book before discount will be 20

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You spin each spinner once. You get $50 if you spin a 2 and a vowel. You get $25 if you spin a 2 and a consonant. You get $5 if

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The expected value of the game is $8.75.

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The expected value is the <u>sum of each outcome multiplied by it's probability</u>.
A probability is the <u>number of desired outcomes divided by the number of total outcomes</u>.

The probability of spinning a 2 and a vowel is: $\frac{1}{4} \times \frac{2}{8} = \frac{2}{32}$ .
Thus, $\frac{2}{32}$ probability of getting $50.

The probability of spinning 2 and a consonant is: $\frac{1}{4} \times \frac{6}{8} = \frac{6}{32}$

Thus, $\frac{6}{32}$ probability of getting $25.

The probability of spinning 1 and a vowel is: $\frac{3}{4} \times \frac{2}{8} = \frac{6}{32}$ .
Thus, $\frac{6}{32}$ probability of getting $5.

32 - (6 + 6 + 2) = 18, thus, $\frac{18}{32}$ probability of earning $0.

The expected value is:

$E = \frac{2}{32}(50) + \frac{6}{32}(25) + \frac{6}{32}(5) + \frac{18}{32}(0)$

$E = \frac{100 + 150 + 30}{32}$

$E = \frac{280}{32}$

$E = 8.75$

The expected value of this game is of $8.75.

A similar problem is given at brainly.com/question/24961584

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