What are the function of financial management
1 answer:
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Answer:
Stefan originally paid $120 for the bicycle and helmet.
He made $72 by selling them to Jin.
Step-by-step explanation:
Given that:
Selling price of bicycle = $176
Selling price of helmet = $16
Total price = 176+16 = $192
This is 160% of what Stefan paid originally.
Let,
x be the original amount paid by Stefan.
160% of x = 192
Dividing both sides by 1.6
Original amount paid by Stefan = $120
Profit = 192 - 120 = $72
Hence
Stefan originally paid $120 for the bicycle and helmet.
He made $72 by selling them to Jin.
Given parameters:
Length of the suitcase = 24 inches
Length of the diagonal = 30 inches
Unknown:
Length of zipper required to cover the perimeter = ?
The length of this zipper is the same as the perimeter of the rectangular suitcase.
Perimeter of a rectangle = 2(L + B)
where L is the length and B is the breadth
Now, let us find the find the unknown breadth;
Using Pythagoras theorem;
30² = 24² + Breadth²
Breadth² = 30² - 24² = 324
Breadth = √324 = 18 inches
Perimeter of the suitcase = 2(24 + 18) = 84 inches.
The length of zipper that will cover this suitcase is 84inches.
