Neika is saving her money to buy a DVD that costs $45. If she has a job that pays $8 per hour, write and solve an inequality tha
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Answer:
The Sell Price of the shoe at 5% loss is <u>Rs 304</u>.
The Sell Price of the shoe at 20% profit is <u>Rs 384</u>.
The Total Gain Percent is <u>12.5%</u> when shoes are sold at Rs.360.
Step-by-step explanation:
Given,
Cost Price(C.P.) of shoe = Rs 320
Case 1.
Loss = 5%
C.P. = Rs 320
Here loss percent and cost price of the shoe is given, we have to find out the selling price(S.P.) of the shoe.
For this we use the formula of calculating S.P.
On substituting the given values, we get;
The Sell Price of the shoe at 5% loss is <u>Rs 304</u>.
Case 2.
C.P. = Rs 320
Profit = 20%
Here profit percent and cost price of the shoe is given, we have to find out the selling price(S.P.) of the shoe.
For this we use the formula of calculating S.P.
On substituting the given values, we get;
The Sell Price of the shoe at 20% profit is <u>Rs 384</u>.
Case 3.
C.P. = Rs 320
S.P. = Rs 360
Now we need to find the gain percent.
First we will find the gain.
Gain is the difference of S.P with C.P.
Gain =
Now Gain Percent can be calculated by dividing gain with the cost price and then multiplying it with 100
Gain Percent =
Hence The Total Gain Percent is <u>12.5%</u> when shoes are sold at Rs.360.
Answer:
Refer to the explanation.
Step-by-step explanation:
Let's take each one at a time.
1.
To solve for the complement, we simply subtract our markup rate by 100%.
100% - 30% = 70%
Now to solve for the selling price, we use the formula
Selling Price = $123.91
2.
We do the same process with the first number.
100% - 40% = 60%
SellingPrice = $366.67
3.
The same as the first two.
100% - 20% = 80%
SellingPrice = $111.88
4.
Now to solve for the markup rate, we use the formula:
In this case we first need to find the markup. The markup is the difference between the selling price and the cost.
Selling Price = $235.28
Cost = $199.99
Markup = $235.28 - $199.99
Markup = $35.29
Now the we know our markup, we can then solve for the markup rate using the formula.
MarkupRate = 0.1499 x 100 = 14.99% or 15%
5.
Now for the last one, we need to find for the cost. Let's use the selling price formula to find for the cost.
Selling Price = $30.77
Complement = 65% or 0.65
This will then give us.
We multiple both sides of the equation by 0.65 to leave our cost alone.
30.77 x 0.65 = Cost
Cost = $20