Answer:
10.5 %
<u>Skills needed: Financial Math Essentials</u>
Step-by-step explanation:
1) First, before getting started, let's assume the price of the product is 
. This variable will be used a lot throughout the problem ().
2) Marking a price above means increasing the price in order to make money off of the purchased product. When raising something by 
percent, the new price would be 
.
---> In this case, the price increased by 
percent.
This means that it would be: 
New price is: 
3) The shopkeeper is then offering a 
percent discount off of this marked price. When offering a 
percent discount price, the new price (with discount), expressed algebraically is: 
---> the expression above simplifies to 
In this case, 
, 
---> 
This means that , with discount, has been raised 
.
10.5 % is the profit percent
(The profit percent being the final marked up price - purchased price)
The equation of the line is y - 3 = 5(x - 8) ⇒ c
Step-by-step explanation:
The point-slope form of the linear equation is 
, where:
- m is the slope of the line
is a point on the line
∵ The line passes through point (8 , 3)
∴ 
= 8 and 
= 3
∵ The slope of the line is 5
∴ m = 5
- Substitute these values in the form of the equation below
∵
∴ y - 3 = 5(x - 8)
The equation of the line is y - 3 = 5(x - 8)
Learn more:
You can learn more about the linear equations in brainly.com/question/1284310
#LearnwithBrainly
Answer:
460
Step-by-step explanation:
20% of 2300 is 460
Answer:
The fraction 58/60 is equal to 29/30 when reduced to lowest terms. To find equivalent fractions, just multiply the numerator and denominator of that reduced fraction (29/30) by any interger number, ie, multiply by 2, 3, 10, 30... 58/60 is equivalent to 29/30 because 29 x 2 = 58 and 30 x 2 = 60
Step-by-step explanation:
Dont know if this helps but i hope it does!
