Sally answered 5 problems incorrectly on her math test if she didn’t finish the last 2 problems how many did she answer correctl
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We need to determine the term life insurance amount per thousand on a 22-year-old female for a 5-year policy given that the face value of the policy is $600,000 and the annual premium is $1332.
Since we are supposed to find the term life insurance amount per thousand, therefore, we will use the following formula:
Upon substituting the values of annual premium and face value of insurance, we get:
Therefore, the required life insurance amount is $2.22.
Given:
Selling price of a machine = 7000/-
Gross loss = 20%.
To find:
The cost and gross loss.
Solution:
Let x be the cost of machine.
According to the question,
Divide both sides by 0.8.
So, the cost of the machine is 8750/-.
Now,
Therefore, the gross loss is 1750/-.