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Anastasy [175]
2 years ago
14

Sue’s Corner Market has a markup of 60% on bottled water. If the market sells a bottle of water for $2, find the original amount

that Sue pays.
Mathematics
2 answers:
lakkis [162]2 years ago
5 0

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

x + 0.6x =2

1.6x =2

dividing both sides by 1.6

x= 1.25

So original price was 1.25 dollars.

sergeinik [125]2 years ago
4 0

Answer:

1.25 dollars.

Step-by-step explanation:

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Given a normal distribution with u = 75 and o = 40, if you select a sample of n = 16, a) what is the probability that the sample
Volgvan

Answer:

a) 0.0228

b) 94.6

Step-by-step explanation:

The formula for calculating a z-score when you are given a random.number of samples is z = (x-μ)/σ/√n

where x is the raw score

μ is the population mean

σ is the population standard deviation

n = random number of samples

Given a normal distribution with u = 75 and o = 40, if you select a sample of n = 16,

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= x = 95

Hence:

z = 95 - 75/40/√16

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= 20/10

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Probability value from Z-Table:

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The probability that the sample mean is above 95 to 4 decimal places = 0.0228

b) What is the value, of which there is 97.5% chance that a sample mean is less than that value?

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Hence:

z = (x-μ)/σ/√n

1.96 = x - 75/40/√16

1.96 = x - 75/ 40/4

1.96 = x - 75/10

Cross Multiply

1.96 × 10 = x - 75

19.6 = x - 75

x = 19.6 + 75

x = 94.6

The value, of which there is 97.5% chance that a sample mean is less than that value is 94.6

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