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:
Step-by-step explanation:
The other factor is:
<u>Answer:</u>
<u>Step-by-step explanation:</u>
We are given that the present value for the home is $120,000 and the rate of interest is 5.5% i.e. 0.055.
We will use the following formula:
where is the present value,
is the rate of interest and
is the number of years.
Substituting the values in the above formula to get:
Answer: 8
Step-by-step explanation:
Given: Pedro cut a sheet of poster board into 10 equal parts.
let x be the total sheet.
then, one part of sheet= of the sheet
Now, His brother used some of the poster board and now 8/10 is left.
Therefore, if Pedro wants to make a sign from each remaining part of the poster board.
then, The number of signs he can make=
Hence, Pedro can make 8 signs.