Answer:
Selling Price = M.P. – Discount = 100 – 5 = Rs. 95. If S.P. is Rs 95, then M.P. is Rs. 100.
Answer:
The significance level is
and since we are conducting a right tailed test we need to find a critical value who accumulate 0.01 of the area in the right of the normal standard distribution and we got:

So we reject the null hypothesis is 
Step-by-step explanation:
For this case we define the random variable X as the number of entry-level swimmers and we are interested about the true population mean for this variable . On specific we want to test this:
Null hypothesis: 
Alternative hypothesis: 
And the statistic is given by:

The significance level is
and since we are conducting a right tailed test we need to find a critical value who accumulate 0.01 of the area in the right of the normal standard distribution and we got:

So we reject the null hypothesis is 
X = 3
5(3) - 2 = 13
3(3) + 4 = 13