Mathematics, 25.12.2019 20:31 annetteaudc

The cost to a store for an mp3 player is $60. the selling price is $105. a classmate says that the markup is 175% because $105/$60=1.75. is your classmate correct? explain how your arrived at your answer. the words between the slashes are the choices.

(only the selling price/the selling price minus the cost to the store/only the cost to the should be in the numerator and $60 should be in the denominator. so, the percent of markup is (25/50/75/100/175) %.

therefore, your classmate (is/is not) correct.

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Here are the steps, and remember to pay closely attention to the wording of the question. In this case, you have to find the percentage, and not the actual price.

First, calculate the markup in absolute terms:

$105 - $60 = $45

Then find the relative markup over the original price, or the markup rate: ($45) is (some percent) of ($60), or:

45=(x)(60)

So the relative markup over the original price is:

45 ÷ 60 = x = 0.75

Since x stands for a percentage, you need to remember to convert this decimal value to the corresponding percentage.

The markup rate is 75% The selling price minus the cost to the store should be in the numerator and $60 should be in the denominator. So, the percent of markup is 75%.

Therefore, your classmate not correct.

Answer from: Quest

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step-by-step explanation:

Answer from: Quest

points are handed out whenever you post answers.

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if you're asking about your rank, it depends on having a certain number of points and a certain number of brainliest answers. for example, at the time of this writing, i have 44338 points out of 15000 needed for the next (nearly triple the requirement! ) but i only have 24 out of 50 required brainliest answers. this number decays, meaning after a certain amount of time (i think about a month), the total number of brainliest answers you've earned doesn't count toward this total. (i've been stuck at the same rank for a long

the lesson to learn here is that you shouldn't worry about points or rank. chances are, no matter how good an answer you may provide, your efforts will go mostly unnoticed unless you focus on the newest/most active questions that get posted.

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The cost to a store for an mp3 player is $60. the selling price is $105. a classmate says that the m...