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scoundrel [369]
2 years ago
5

The wholesale price for a dozen pairs of socks is $4.30. The retail price for the same dozen pairs of socks is $9.25. What is th

e mark-up the retailer used? Write your answer as a complete sentence.
Mathematics
1 answer:
Mandarinka [93]2 years ago
5 0

Answer:

the mark up used by the retailer is 115.12% of the wholesale price

Step-by-step explanation:

Mark-up is the percentage increase of the retail price over the wholesale price

Mark-up = (difference between retail and whole sale price / retail price ) x 100

difference between retail and whole sale price = $9.25 - $4.30 = $4.95

(4.95 / 4.3) x 100 = 115.12%.

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Answer:

Step-by-step explanation:

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(4h + 7) * h = 93*2

(4h + 7)*h = 186                    Remove the brackets

4h^2 + 7h = 186                   Subtract 186 from both sides.

4h^2 + 7h - 186 = 0

Use the quadratic formula to solve

a = 4

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x1 = (-7 +55 ) / 8

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Check

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