<span>First calculate the amount of overhead expenses. The selling price was $240. To find 20% of 240, multiply 240 by 0.20, which equals 48. From that, we found that the overhead expenses were $48.
To find the rate of profit, take the selling price and subtract all expenses. We know that Mr Lippman's selling price was $240, he spent $160 to buy the dryer, and he had $48 worth of overhead expenses. 240 - 160 - 48 = 32.
Therefore, the profit was $32.
To find the rate of profit, divide the profit by the total expenses. 32 / (240 + 160) = 0.08.
Therefore, the rate of profit was 8%.</span>
when i multiply the equation i get 576 this is lower
can you delete this and its not 600 its 800
Step-by-step explanation: Im sorry i was not helpful
Answer:
x is 6
Step-by-step explanation:
Answer:
1) 30
2) 40
Step-by-step explanation:
1) Nick will have finished 30 assignments in 6 hours because he can complete 5 assignments per hour and 6*5= 30.
2) Nick will have finished 40 assignments in 8 hours because he can complete 5 assignments per hour and 8*5= 40.
hope this helps!!
