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meriva
3 years ago
15

Fred buys flags from a manufacturer for f dollars each and then sells the flags in his store for a 26%markup.

Mathematics
1 answer:
Mashutka [201]3 years ago
5 0

Answer:

the markup is 1.26 (the amount added is .26)

1.26x (when x is the price Fred buys them for from the manufacturer)

1.26(40)

$50.40 is the retail price

50.4-40

$10.40 is the markup

Step-by-step explanation:

The 26% markup means that he is selling the flags 26% above the cost.

So, the cost would represent 100%, which is 1, and 26% of markup in decimal number is 0.26.

The price including the markup would be 1.26 as decimal or 126% as percentage.

The problem states that the cost is unknown, so we represent that with a variable x. The retail price would be 1.26x, which is 126% per flag.

Finally, if Fred paid $40 per flag, the actual retail price would be:

1.26($40)=$50.40.

With $10.40 of markup.

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Step-by-step explanation:

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Read 2 more answers
A box of Munchkins contains chocolate and glazed donut holes. If Jacob ate 2 chocolate
neonofarm [45]

Answer:

24 munchkins.

Step-by-step explanation:  

Let C be the number of chocolate and D be number of glazed donut holes in the original box.

We are told if Jacob ate 2 chocolate  munchkins, then 1/11 of the remaining Munchkins would be chocolate. We can represent this information as:

C-2=\frac{1}{11}*(C+D-2)...(1)

We are also told if he instead added 4  glazed Munchkins to the original box, 1/7 of the Munchkins would be chocolate. We can represent this information as:

C=\frac{1}{7}*(C+D+4)...(2)

Upon substituting C's value from equation (2) in equation (1) we will get,

\frac{1}{7}*(C+D+4)-2=\frac{1}{11}*(C+D-2)

Let us have a common denominator on right side of equation.

\frac{1}{7}*(C+D+4)-\frac{7*2}{7}=\frac{1}{11}*(C+D-2)

\frac{C+D+4-14}{7}=\frac{1}{11}*(C+D-2)

Multiplying both sides of our equation by 7, we will get,

7*\frac{C+D-10}{7}=7*\frac{1}{11}*(C+D-2)

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Multiplying both sides of our equation by 11, we will get,

11*(C+D-10)=11*\frac{7}{11}*(C+D-2)  

11*(C+D-10)=7*(C+D-2)

11C+11D-110=7C+7D-14

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(C+D)=\frac{96}{4}

(C+D)=24

Therefore, the total number of Munchkins in original box is 24.

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