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Mkey [24]
3 years ago
13

A store buys an item for $94. The store then prices the item to sell to customers. What is the selling price (in dollars) the st

ore sells the item to customers for after applying a 62% markup? If necessary, round the answer to the closest hundredth.
Mathematics
1 answer:
AnnyKZ [126]3 years ago
3 0

Answer:

$152.28

Step-by-step explanation:

In order to determine the markup, multiply the original price by 62%

94 x 62% = 94 x .62 = 58.28

In order to determine the sale price, add the markup to the original price.

94 + 58.28 = $152.28

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Since n = 12 and k = 3, the probability that fewer than 3 are using smartphones is given by

P(x \ \textless \  3) = P(x = 0) + P(x = 1) + P(x = 2)&#10;\\ \indent = \frac{12!}{0!(12-0)!}(0.54)^0 (1-0.54)^{12-0} + \frac{12!}{1!(12-1)!}(0.54)^1 (1-0.54)^{12-1} + \\ \indent \frac{12!}{2!(12-2)!}(0.54)^2 (1-0.54)^{12-2}&#10;\\&#10;\\ \indent = \frac{12!}{(1)(12!)}(0.46)^{12} + \frac{12(11!)}{(1)(11!)}(0.54)(0.46)^{11}+ \frac{12(11)(10!)}{(2)(10!)}(0.54)^2(0.46)^{10}&#10;\\&#10;\\ \indent = (1)(0.46)^{12} + (12)(0.54)(0.46)^{11}+ (66)(0.54)^2(0.46)^{10}&#10;\\ \indent \boxed{P(x \ \textless \  3) \approx 0.00951836732 }&#10;

Therefore, the probability that there are fewer than 3 adults are using smartphone is 0.00951 or 0.951%.


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