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Mathematics 20 Online
OpenStudy (anonymous):

If Sallie's Manufacturing Company sells a dress for $30 to its distributors, and the distributor sells it for $90, the distributor makes $60 in profit. What is the rate of return? 1.5 .30 .900 2.0

OpenStudy (anonymous):

@imqwerty

OpenStudy (anonymous):

@Rushwr

OpenStudy (rushwr):

DO u understand what it means? What is ur answer ?

OpenStudy (anonymous):

is it b?

OpenStudy (rushwr):

Nop

imqwerty (imqwerty):

how did u get that b :)

OpenStudy (rushwr):

Now check what u get :)

OpenStudy (rushwr):

@kittymeow101 ???????????

imqwerty (imqwerty):

:)

OpenStudy (anonymous):

so its a

imqwerty (imqwerty):

u sure :)

OpenStudy (anonymous):

i think..

imqwerty (imqwerty):

:)

OpenStudy (anonymous):

so its not a?

imqwerty (imqwerty):

how did u get that a :)

OpenStudy (anonymous):

i did 90/60

OpenStudy (rushwr):

There was a slight mistake in my previous equation. SO sorry about that. return = profit divided by the initial value.

OpenStudy (rushwr):

I'm sorry if tht led u to a wrong answer. I thought I typed it but no .

OpenStudy (rushwr):

Rate of return is a profit on an investment over a period of time, expressed as a proportion of the original investment

OpenStudy (rushwr):

Can u give it a try now ?

OpenStudy (anonymous):

im thinking D

OpenStudy (rushwr):

Exactly !!!!!!!!

OpenStudy (anonymous):

because i did 90-30=60 60/30=2

OpenStudy (rushwr):

exactly 90-30 is the profit ! :)

OpenStudy (anonymous):

ok thank you cx

imqwerty (imqwerty):

no prblm :)

imqwerty (imqwerty):

LOL

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