Markup is the amount added to the cost price of goods to cover overhead and profit.
Sue’s Corner Market has a markup of 60% on bottled water.
Let us say original price was $x.
Now price after markup is $2.
So we can make an equation like:
original price + markup price = price after markup
x + 60% of x =2


dividing both sides by 1.6
x= 1.25
So original price was 1.25 dollars.
Answer:
Null Hypothesis: H_0: \mu_A =\mu _B or \mu_A -\mu _B=0
Alternate Hypothesis: H_1: \mu_A >\mu _B or \mu_A -\mu _B>0
Here to test Fertilizer A height is greater than Fertilizer B
Two Sample T Test:
t=\frac{X_1-X_2}{\sqrt{S_p^2(1/n_1+1/n_2)}}
Where S_p^2=\frac{(n_1-1)S_1^2+(n_2-1)S_2^2}{n_1+n_2-2}
S_p^2=\frac{(14)0.25^2+(12)0.2^2}{15+13-2}= 0.0521154
t=\frac{12.92-12.63}{\sqrt{0.0521154(1/15+1/13)}}= 3.3524
P value for Test Statistic of P(3.3524,26) = 0.0012
df = n1+n2-2 = 26
Critical value of P : t_{0.025,26}=2.05553
We can conclude that Test statistic is significant. Sufficient evidence to prove that we can Reject Null hypothesis and can say Fertilizer A is greater than Fertilizer B.
Answer:
$225
Step-by-step explanation:
Total share ratio = 4+5 = 9
Lionel's ratio = 5
Lionel's share = (5/9) × 675
= $375
Lionel's mum = (3/5) x 375
= $225
Answer:
A. $301
B. $721
Step-by-step explanation:
Let $x be the amount of money they raised.
Rowena tried to put the $1 bills into two equal piles and found one left over at the end, then

Polly tried to put the $1 bills into three equal piles and found one left over at the end, then

Frustrated, they tried 4, 5, and 6 equal piles and each time had $1 left over, then

Finally Rowena put all the bills evenly into 7 equal piles, and none were left over, then

This means
is divisible by 2, 3, 4, 5 and 6 without remainder, so

Hence,

The smallest amount of money they could have raised is $301, because
is divisible by 7.
Now, the number
should be divisible by 7 and must be greater than 500.
So,

When n = 9,
is not divisible by 7.
When n = 10,
is not divisible by 7.
When n = 11,
is not divisible by 7.
When n = 12,
is divisible by 7.
B. The least amount of money they could have raised is $721