If the wholesale price is $10, the 50% ........................ is $5.

Mathematics

1 answer:

Blizzard [7]3 years ago

4 0

Answer:

Concept: Mathematical Analysis

If the wholesale price is the markup from the manufacturer price then the price is $10
You are asked to find 50% of the markup wholesale price
Hence you do $10 × 0.50 to get $5.00
You do 10.00-5.00= $5.00

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Step-by-step explanation:

In binomial distribution with parameters n (Total trails) and p (probability of getting success sin each trial) , the probability of getting success in x trials is given by :-

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$=\dfrac{20\times19\times18\times17\times16\times15\times14\times13!}{7!13!}(0.25)^7(0.75)^{13}\\\\=77520(0.00006103515625)(0.0237572640181)\\\\=0.112406195476\approx0.112$