nelitzalebron1 nelitzalebron1
  • 11-10-2018
  • Mathematics
contestada

If i have a pay rate of $21.00 and marked up 78.7% and made a 10% profit. how did i get $41.28?

Respuesta :

RenatoMattice RenatoMattice
  • 12-10-2018

Answer: Procedure are given below :

Step-by-step explanation:

Since we have given that

Pay rate = $21.00

if he marked up by 78.7% , then

[tex]78.7\%\text{ of }21\\\\=\frac{78.7}{100}\times 21\\\\=16.527[/tex]

So, our pay rate becomes

[tex]\$21+\$16.527=\$37.527[/tex]

Now, he made a 10% profit,

[tex]10\%\text{ of }37.527\\\\=\frac{10}{100}\times 37.527\\\\=\$3.7527[/tex]

So, pay rate becomes

[tex]\$37.527+\$3.7527\\\\=\$41.2797[/tex]

which approximately $41.28

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