To get the answer we can use proportion
40$ ------------- 100%
2$ ---------------- x
crossmultiply now
40x=2*100 /:40
x=200:40
x=5% - its the answer
Mary Purchase shares = $80,000
Mary Sells shares = $55,000
Loss she can claim for = $80,000 - $55,000
= $ 25,000
Answer:
f(m) = 75-8m
Step-by-step explanation:
She began with $75. After the first movie, she had $67 remaining; this means she spent
75-67 = $8
After the second movie, she had $59 remaining; she spent
67-59 = $8
After the third movie, she had $51 remaining; she spent
59-51 = $8
Each movie costs $8. Letting m represent the number of movies, this gives us 8m.
Since she is spending money, we subtract this from the original amount, $75; this gives us
f(m) = 75-8m
