Ask question

Ask question

All categories

2 years ago

13

Mr.Lippman brought a dryer for $160 and sold it for $240. If the overhead expenses were 20% of the selling price, what was the r

ate of the profit on the selling price?

1 answer:

Shkiper50 [21]2 years ago

4 0

The answer would be $32 or as a rate, it'll be 8%.

You might be interested in

michael wittry has been investing inhis roth IRA retirement account for 20 years. Two years ago his account was worth $215,658.

Over [174]

Let's say

a = 215,658

ok... so.. he first lost 1/3 of that

$\bf \textit{\underline{lost} }\frac{1}{3}a\qquad \qquad a-\cfrac{1}{3}a\implies a-\cfrac{a}{3}\implies \cfrac{3a-a}{3}\implies \cfrac{2a}{3}
\\\\\\
\textit{then he \underline{gained} }\frac{1}{2}\textit{ of }\frac{2a}{3}\qquad \qquad \cfrac{2a}{3}+\cfrac{\frac{2a}{3}}{2}\implies \cfrac{\frac{2a}{3}}{\frac{2}{1}}
\\\\\\
\cfrac{2a}{3}+\cfrac{2a}{3}\cdot \cfrac{1}{2}\implies \cfrac{2a}{3}+\cfrac{2a}{6}\implies \cfrac{4a+2a}{6}
\\\\\\
\cfrac{6a}{6}\implies \boxed{a}\implies 215,658$

so, his nickname might just be even steven, because, he ended up with the same original amount after the 1/2 bump.

4 0

2 years ago

Which expression is equivalent to -4(7-2m)+11m

dimulka [17.4K]

Answer:b

Step-by-step explanation:

8 0

2 years ago

Which expression is the result of solving the equation ax - b = cy for 2? (For a + 0)

Masja [62]

I would say cy hopes this help

6 0

2 years ago

A family travels 513 miles in 7.2 hours. How many miles did they travel in one hour?

nignag [31]

Answer:

71.25 mph

Step-by-step explanation:

5 0

2 years ago

An employer may conduct an aptitude test to check for what? A. Your ability to solve problems B. Test your actual skills, such a

Darya [45]

The correct answers should be A. Your ability to solve problems

Aptitude tests often deal with solving issues using logical reasoning and behavior when solving problems.

5 0

2 years ago

Read 2 more answers