Answer:
<h2>$42</h2>
Step-by-step explanation:
By definition, Markup is the difference between a product's selling price and cost as a percentage of the cost.
For example, if a product sells for $125 and costs $100, the additional price increase is ($125 – $100) / $100) x 100 = 25%.
Given data
firstly let us solve for 40% of $30
=40/100*30
=0.4*30
=$12
therefore the sale price will be the markup rate plus the initial price
<em>Hence the you will have to pay 12+30=$42</em>
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The sum of any geometric sequence (if it converges, r^2<1) is of the form:
s(n)=a(1-r^n)/(1-r), a=initial term, r=common ratio, n=number of terms...
s(n)=30(1-0.4^n)/(0.6)
s(n)=50(1-0.4^n)
Since r<1 the sum of the infinite series is just:
s=50
Write an equation and solve it. Call the length of the shorter piece "x", in this case, the longer piece is "3x". The sum of the two is equal to 116 inches.
