You want to purchase a condominium and need to borrow $200000 with a 30-year fixed loan with an APR of 8.6. What will be your mo
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Answer:
The selling price of the agenda book is $6.38 to the nearest cent.
Step-by-step explanation:
Assume that the cost price of the agenda book is 100%
∵ The discount is 15%
∵ The selling price = the cost price - discount amount
∴ The selling price = 100% - 15%
→ That means the selling price is 85% of the cost price
∵ The cost price = $7.50
∴ The selling price = 85% × 7.50
→ Change 85% to a number by divide it by 100
∴ The selling price = × 7.50
∴ The selling price = 6.375
→ Round it to the nearest cent (2 d.p)
∴ The selling price = $6.38
∴ The selling price of the agenda book is $6.38 to the nearest cent.