First, count the difference of the cost production and the selling cost
difference = 12 - 5.8
difference = 6.2
Second, transform the difference to percentage
percentage = difference/product cost × 100%
percentage = 6.2/5.8 × 100%
percentage = (620/5.8) %
percentage = 106.9%
The mark up cost is 106.9%
I believe that 30.5 as a fraction is 30 and 1 half but don't take my word
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Step-by-step explanation:The cost of an adult ticket to the show is $5.5
The cost of a student ticket to the show is $4.25
A family is purchasing 2 adult tickets and 3 student tickets. This means that the total cost of 2 adult tickets would be
2 × 5.5 = $11
It also means that the total cost of 3 student tickets would be
3 × 4.25 = $12.75
The total cost of 2 adult tickets and 3 student tickets would be
11 + 12.75 = $23.75
If the family pays $25, the exact amount of change they should receive is
25 - 23.75 = $1.25
It is prime, it has no factors besides 1,23
