Answer:
picture?
Step-by-step explanation:
Answer:
I didn't understand your question
Let's call the 13¢ stamps a and the 18¢ stamps b:
a+b = 42 and therefore a= 42-b (formula 1)
0.13a+0.18b= 6.66 In this formula, substitute the value of a according to formula 1:
0.13(42-b)+0.18b= 6.66 Multiply on the left to get rid of the parenthesis:
5.46-0.13b+0.18b= 6.66 Subtract 5.46 from both sides:
-0.13b+0.18b= 1.20 Add on the left:
0.05b= 1.20 Divide both sides by 0.05
b= 24 You have 24 18¢ stamps and:
42-24= 18 13¢ stamps
Check: (24 x 0.18) + (18 x 0.13)= 6.66 Correct.
Markup = $4
b) markup as a percentage of cost is 33.3%
Step-by-step explanation:
Markup
markup = selling price - cost
= $13 - 9
... markup = $3
Markup as a Percentage of Cost
To find the percent markup, divide the markup by the reference value and multiply the ratio by 100%. The reference value for markup is usually cost price, but sometimes may be selling price.
... markup / cost × 100% = 3/9×100% = 33 1/3% ≈ 33.3%
