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telo118 [61]
3 years ago
7

Pairs of shoes are manufactured for $24. They are sold to a warehouse with a mark-up of 15%. The warehouse sells the shoes to a

distributor after charging a holding fee of $10 per pair. The distributor sells them to ‘Fine Shoes’ for a percentage profit of 12%. The store then marks them up by 30%.
a. Determine the price of a pair of shoes if you buy it from one of the ‘Fine Shoes’ stores (round to the nearest 5 cents). Show working out.
Mathematics
1 answer:
scZoUnD [109]3 years ago
6 0

Answer: ‭$54.75

Step-by-step explanation:

The price the shoes are sold to the warehouse is:

= 24 * ( 1 + 15%)

= 24 * 1.15

= $27.60

The price the warehouse sells it is:

= 27.60 + 10

= $37.60

Price distributor sells is:

= 37.60 * 1.12

= $42.112

Fine shoes will then sell at 30% profit:

= 42.112 * 1.3

= $‭54.7456‬

= ‭$54.75

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Step-by-step explanation:

Applicable relations are ...

  C = 2πr . . . . . . . r = radius, C = circumference

  LA = 1/2·Ch . . . . h = slant height, LA = lateral area

  SA = πr² +LA . . . SA = total surface area

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1. Given r and SA, we can find the other measures as ...

  LA = SA -πr² = 50 ft² -π(3 ft)² ≈ 21.7 ft²

  C = 2πr = 2π(3 ft) ≈ 18.8 ft

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(Please note that for calculations using intermediate results, we used the full-precision values of those results, not the rounded ones. Rounding is always the last operation. Please note, too, that we have used a value for π sufficient to ensure accuracy in all the digits shown here.)

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  h = 2·LA/C = 2(176 in²)/(44 in) = 8 in

  r = C/(2π) = (44 in)/(2π) ≈ 7.0 in

  SA = LA +πr² = LA +rC/2 ≈ 176 in² +(7.0 in)(44 in)/2 ≈ 330.1 in²

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