Question

Find the selling price. Where necessary, round to the nearest cent.
regular price: $9.99
percent of markup: 60%
a)$15.98
b)$60.21
c)$100
d)$16.99

Answer 1

@iGreen

Answer 2

If it's 60% off, then you will find 60% of 9.99 and subtract it from 9.99.

Answer 3

9.99 * 0.6 = 5.994

Answer 4

Oh wait I got it wrong..it's 60% on top of it.. so you will add..

Answer 5

9.99 + 5.994 = 15.984, whcih rounds to 15.98.

Answer 6

*which

Answer 7

so, its 15.98? Right?

Answer 8

Yes.

Answer 9

Great, thank you.

Answer 10

he said he has one more.

Answer 11

Okay, that's fine.

Answer 12

What is the annual interest rate of $1600 is invested for 6 years and $456 in interest is earned?
a)5.85%
b)4.125%
c)18.4%
d)4.75%

Answer 13

We can use the equation: 456 = 1600x * 6.

After solving this equation you will end up with 4.75%.

Answer 14

Thank you.