Total wages = 1
Food = 1/3
Rent = 1/5
Savings = total wages - food - rent
= 1 - 1/3 - 1/5
= 15/15 - 5/15 - 3/15
= 7/15
Let's answer this step-by-step.
First of all, let's estsblish the original price of the commodity as being 100%. Therefore:
Original price of commodity = 100%
Then, when A sold the commodity to B, it was sold at a 10% profit. Therefore:
Price of commidity when A sold to B:
100% x 1.1 = 110%
After that, when B sold it back to A, it was sold at a 10% loss. Therefore:
Price of commodity when B sold to A:
110% x 0.9 = 99%
Hence, A now has 99% of the original value of the commidity.
Answer: The required fourth term of the geometric sequence is
Step-by-step explanation: We are given to find the value of the fourth term in a geometric sequence with first term and common ratio as follows :
We know that
the n-th term of a geometric sequence with first term a1 and common ratio r given by
Therefore, the fourth term of the given geometric sequence will be
Thus, the required fourth term of the geometric sequence is