The markup is the percent of the original price that it is increased by. To determine the percentage marked up, you will subtract the new price and the original price, and then divide that by the original price.
200-125=$75
75/200=0.375 or 37.5% markup.
Answer:
$3,840
Step-by-step explanation:
9600 x 0.08 = 768 per years (assuming flat rate)
768x5= 3,840
Answer:
Use the formula for direct variation
Step-by-step explanation:
Answer:
x = 12
y = 22
Total amount = $2596
Step-by-step explanation:
First let's find the value of each deposit until the 10th in relation to x and y:
1st: x
2nd: y
3rd: x + y
4th: x + 2y
5th: 2x + 3y
6th: 3x + 5y
7th: 5x + 8y
8th: 8x + 13y
9th: 13x + 21y
10th: 21x + 34y
Now, we can write a system with two equations and two variables:
2x + 3y = 90
21x + 34y = 1000
From the first equation: x = (90 - 3y)/2
Using this value of x in the second equation, we have:
21*(90 - 3y)/2 + 34y = 1000
945 - 31.5y + 34y = 1000
2.5y = 55
y = 22
Now we can find x:
x = (90 - 3*22)/2 = 12
Now, summing all the deposits, we have a total of 55x + 88y, which is equal to 55*12 + 88*22 = $2596
sorry wait please delete my answer I realized my mistake!