Answer:
180%
Step-by-step explanation:
-Markup price is defined as the difference between a product's selling and cost prices.
#We subtract the cost price from the selling price to determine the markup price:
-The markup percentage is the markup price expressed as a percentage of the cost price and is calculated as follows:
Hence, the markup percentage is 180%
Answer:
0.4167 is the probability that a person bought a truck given it is a hybrid vehicle.
Step-by-step explanation:
We are given the following in the question:
V: Event of buying a hybrid vehicle.
P(V) =12% = 0.12
T: Event a truck is bought.
We have to find the probability that a person bought a truck given that it is a hybrid vehicle.
Thus, 0.4167 is the probability that a person bought a truck given it is a hybrid vehicle.
