<h3>What is Cost Price?</h3>
This refers to the price which a seller or a merchant purchased a good and this would be a good determinant to find out the selling price so that he could make a good profit.
<h3>Selling Price</h3>
This refers to the price which a good is sold and there are several factors which are taken into account such as:
Mathematically, the<em> profit= </em>Cost price - Selling Price (Expenditure)
Please note that your question is incomplete so I gave you a general overview so that you could have a better understanding of the concept.
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Lets look at the information we have:-
$7.50 per hour
How many hours to earn $116.25?
To answer this we will divide. Lets do it:-
116.25 ÷ 7.50 = 15.5
15 and a half hours.
CHECK OUR WORK:-
15.5 × 7.50 = 116.25
We were RIGHT!!
So, to earn $116.25 when getting paid $7.50 per hour you would need to work for 15 and a half hours.
Hope I helped ya!!!
The map is a flat schematic of some actual distance, on a map, the distance form point A to point B may well be 10 units say, however, in actuality, if you go and walk from point A to point B, you'd notice that, first off is not a straight line most of the time, and also it may have a slanted or sloped section, and the map is not including that slope or hill, whilst you do have to walk it.
so, adding all the twists and curves along the way and any bumps or slopes, is really not exactly 10 units from A to B.
Answer:
1/81
Step-by-step explanation:
P(1st ticket is a winner) = 1/9
These are independent events
P(2nd ticket is a winner) = 1/9
P (winner, winner) = 1/9 * 1/9 = 1/81
A light bulb distributor was given a study from an LED bulb manufacturer showing that LED light bulbs are better for the environment than traditionalbulbs. Is there an incentive for this study to be biased? Why or why not?
<span>Yes, because the LED bulb manufacturer may benefit from the survey results.
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If the light bulb distributor will decide get more stock of LED bulb due to the study given by the LED company, then, the LED company will benefit from it.