12£ and 42£
Step-by-step explanation:
gethin gets 2/9
David gets 7/9
total money is equal to 54
Gethin gets 54x 2/9=12
David gets 54x7/9=42
Hey there!
24 tenths is 240
3 tenths is 30
1 one= 1
240-1=239
239-30=
209
Hope it helps!
These two claims about markup and margin are <u>equivalent</u> because they discuss differently the same issue.
<h3>What are markup and margin?</h3>
A markup is a profit percent added to the cost price to determine the selling price. Thus, markup relates the percentage of profit to the cost price.
The profit margin relates the percentage of profit to the selling price.
<h3>Data and Calculations:</h3>
Selling price = 100%
Profit margin = 25%
Cost price = 75% (100% - 25%)
Markup = 33% (25%/75% x 100)
Thus, these two claims about markup and margin are <u>equivalent</u>.
Learn more about margin and markup at brainly.com/question/13248184
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