Answer:
a. $20.45
b. $24.55
c. $4.55
Step-by-step explanation:
In this question, we are asked to calculate the cost price and profit or loss selling a pair of shoes.
we proceed as follows
Firstly, we want to find the cost price given the selling price and the mark up percentage.
mathematically;
profit =( selling price - cost price)/cost price * 100%
here our profit is 120% with the cost price being $45. we plug these values
120 = 45-cp/cp * 100%
120cp = 100(45-cp)
120cp = 4500 -100cp
220cp = 4500
cp = 4500/220 = $20.45
His profit is selling price - cost price = 45 - 20.45 = $24.55
His profit selling same shoe for $25 is 25-20.45 = $4.55
Answer:
The answer is 8.5 hope this helped.
Star = 5
square =3
or the other way around
Here are my answers to the given questions above:
Part 1. Here is my example of a real life scenario that describes what is happening. Let us say, I have 2 cookies and the bottle of milk costs 11 dollars, and 3 cookies and 4 bottles of milk cost 24 dollars.
Part 2.
y=11-2x
3x+4(11-2x)=24
3x+44-8x=24
-5x=-20
x=4
y=11-8
y=3
Therefore, each cookie costs 4 dollars, and a bottle of milk costs 3 dollars.
Hope this answer helps. Let me know if you need more help next time.
<span>
</span>
I'm just estimating here,
5/48,3/16,0.5,0.75
