Answer: $ 172.15
Step-by-step explanation:
First we calculate the cost of the seeds:
55 pounds of grass seeds.
Each pound will cost Mel $ 1.83
Now we calculate the cost of working hours
The landscaper will charge Mel 6 hours of work at $ 12.50 per hour
We know they offer a discount of $ 3.50.
So the total expense is:
The percent gain is 52.1%
Step-by-step explanation:
Given
Purchase price of one share = $22.75
Sale price of one share = $34.60
Total shares = 400
So,
Total purchase price of shares = 22.75*400 = $9100
Total sale price of shares = 34.60*400 = $13840
Total capital gain:
Percent capital gain is given by:
Rounding off to nearest tenth
52.1%
Hence,
The percent gain is 52.1%
Keywords: Percentage, capital gain
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