Answer: The correct selling price is $29.97.
Step-by-step explanation:
Since we have given that
Cost price of an item = $27
Mark up rate = 11%
So, Amount of mark up would be
So, Amount after mark up would be
Hence, the correct selling price is $29.97.
The manager's likely error is that he has put the selling price the mark up amount only i.e $2.9≈$3 instead of adding the mark up amount to the cost price.
You have to take $8,550 times 0.12 (12%) to find out the number it is being decreased by.
8,550 x 0.12 = 1,026
And then, you have to subtract 1,026 from 8,550 three times for three years and your answer becomes 5,472.
$5,472
Answer:
y=1/2x-3
Step-by-step explanation:
m=(y2-y1)/(x2-x1)
m=(-7-(-1))/(-8-4)
m=(-7+1)/-12
m=-6/-12
m=1/2
y-y1=m(x-x1)
y-(-1)=1/2(x-4)
y+1=1/2x-4/2
y=1/2x-2-1
y=1/2x-3
Any type of symbol is what need to be answered first