A bike was recently marked down $200. 00 from its initial price. If you have a coupon for an additional 30% off after the markdo
1 answer:
Percentage is represented by '%' symbol. The final cost of the bike will be equal to $490.
<h3>What is Percentage?</h3>A percentage is a way to describe a part of a whole. such as the fraction 1/4 can be described as 0.25 which is equal to 25%.
Given to us
The initial cost of the bike, P = $950
Additional coupon = 30%
Marked down = $200
We know the original cost of the bike which is $950. therefore, when the price of the bike was marked down, its cost will be,
$900 - $200 = $700
Thus, the marked-down cost of the bike will be $700.
As it is given that we have an additional 30% off after the markdown, therefore, cost of the bike will be 70% of the marked price,
Hence, the final cost of the bike will be equal to $490.
Learn more about Percentage:
You might be interested in
Step-by-step explanation:
i = interest 3% for 30 years
This is a simple dynamical system for whom the the solutions are given as
putting values we get
S=2000[\frac{(1.03)^{30}-1}{0.03}](1.03)
= $98005.35
withdrawal of money takes place from one year after last payment
To determine the result we use the present value formula of an annuity date
we need to calculate R so putting the values and solving for R we get
R= $6542.2356