Answer:
the percentage profit is 20%
Step-by-step explanation:
Given that
Sean paid £10 for 24 chocolate bars
He sold all 24 chocolate bars for 50p each
we need to find out the percentage profit
Since he paid £10 and sale value is (24 × 0.50) i.e. £12
So, the percentage profit is
= (£12 - £10) ÷ (£10)
= 20%
Hence, the percentage profit is 20%
<span>Since both functions follow the form of 2X + 3Y = c in general, where c is some constant, both functions will have the same slope as of -2/3. However, both graph will not have the same Y-intercept as the profits are different. Similarly, the X-intercept will also be different due to the profits.
I hope my answer has come to your help. Have a nice day ahead and may God bless you always!
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1/10 is the same as saying 10 times less
Refer to the diagram below
The digit as the first decimal place is worth 1/10
The digit as the second decimal place is worth 1/100 which is 1/10 worth the digit as the first decimal place
Example of two decimal numbers:
2.56 and 2.68
The digit 6 in 2.56 is 6/100
The digit 6 in 2.68 is 6/10
The digit 6 in 2.56 is 1/10 as much as the digit 6 in 2.68
I agree with the given answer because of the gain or loss on retirement of bonds = book value of bonds - the amount paid to the bondholders