The selling price is 2.5 times the cost. If the cost goes up by 0.25, the selling price needs to go up by 2.5*0.25 = 0.63 in order to maintain the gross margin.
Let us say that:
x = mass from Earl Grey Tea
y = mass from Orange Pekoe Tea
So that:
x + y = 600
and that:
6 x + 4 y = 4.5 * 600
6 (600 – y) + 4 y = 2700
3600 – 6y + 4y = 2700
-2y = -900
y = 450 pounds
x = 600 – 450 = 150 pounds
Answer:
<span> Earl Grey Tea = 150
pounds</span>
<span>Orange Pekoe Tea = 450 pounds</span>
Answer:
True
Step-by-step explanation:
The equation of direct variation is
y = kx ← k is the constant of variation
To find k divide both sides by x
= k
That is the constant is the ratio of y- values to x- values
