Two consecutive price reductions of the same percent reduced the price of an item from $25 to
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 77% (9 reviews)
Let each reduction in price be x percent Then the net ...View the full answer
Answered By
Priyansha Nemwal
I am a graduate in economics with maths and statistics as a compulsory subject. I have been tutoring online for the past 3 years for high school and college-level economics. I have also tutored for other subjects as well like maths, social science, and science for junior classes.
0.00
0 Reviews
10+ Question Solved
Related Book For
Contemporary Business Mathematics with Canadian Applications
ISBN: 978-0133052312
10th edition
Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs
Question Posted:
Students also viewed these Finance questions
-
The following six situations are independent. a. A manual insertion process takes 30 minutes and 8 pounds of material to produce a product. Automating the insertion process requires 15 minutes of...
-
Gaston Company manufactures furniture. One of its product lines is an economy-line kitchen table. During last year, Gaston produced and sold 100,000 units for $100 per unit. Sales of the table are on...
-
The following represent errors that could occur in a computerized environment. Required For each error, identify a control procedure that would have been effective in either preventing or detecting...
-
Calculate the following ratios from the data given below: 1. Debt ratio 2. Debt service coverage multiples 3. Interest coverage Balance Sheet 12/31/2014 Assets Cash..$575,000 Short-term...
-
A number of states have passed some type of no-fault auto insurance laws to compensate injured auto accident victims. a. Describe the no-fault benefits that are typically paid in a state with a...
-
Consider a mixture of three different gases: 1.20g of argon (molecular mass = 39.948 g/mol), 2.60 g of neon (molecular mass = 20.180 g/mol), and 3.20 g of helium (molecular mass = 4.0026 g/mol). For...
-
Why is the balanced scorecard methodology balanced?
-
Selected financial data of Target and Wal-Mart Stores, Inc. for a recent year are presented here (in millions). Instructions (a) For each company, compute the following ratios. (1) Current. (2)...
-
Consider changes that have occurred during your career. How did you prepare for those changes mentally? Should more effort be placed on helping deal with the mental impact of change?
-
Mr B aged 52 years, has earned rupees 75,00,000 out of his business. His ex-wife gifted him a car worth rupees 8 lakh. He spent a total of rupees 20 lakh during a family trip. He won a lottery of 16...
-
After a reduction of 16 2/3% off the marked price, a pair of boots sold for $60. What was the marked price?
-
Suppose you own a fast-food outlet and buy 100 kilograms of potatoes that are 99% water. After leaving them outside for a few days, you are told that they are now only 98% water. Assuming that they...
-
The Royal Bank of Canada has a noncumulative class of preferred shares with a dividend rate of $1.125. Assad David owns 1,000 of these shares. If the Royal Bank declares and pays a dividend on these...
-
design, develop, and publish an e-commerce web site demonstrating recommended design practices along with skills learned over the semester/session Required pages Home page (index.html) that includes:...
-
7) Which of the following is an example of data? A) words B) a newspaper C) newspaper report D) a bank statement
-
When the data entry is done, the program will display a list of options as follow. 1 Search test result by applicant Id 2 Search test result(s) by applicant name 3 Search test result(s) by overall...
-
Eight sensors each feed eight pieces of data to a circuit which processes the data. It is concluded that as opposed to utilizing 64 sign lines, the information will be multiplexed onto eight...
-
The patient's bed-rail is coupled to 220V rms above ground through 5 k leakage resistor of the driving electric motor. Patient's right leg is grounded for the ECG measurement with an equivalent...
-
Consider an n-sided regular polygon inscribed in a circle of radius r. Join the vertices of the polygon to the center of the circle, forming n congruent triangles (see figure).(a) Determine the...
-
The diagram shows the two forces acting on a small object. Which of the following is the resultant force on the object? A. 8 N downwards B. 8 N upwards C. 2 N downwards D. 2 N upwards 3 N 5 N
-
Graph the following equation. y = -3x + 9
-
Solve the following system of equations. 6.5x + 3.5y = 128 2.5x + 4.5y = 106
-
Solve the following system of equations. 2.4x + 1.6y = 7.60 3.8x + 0.6y = 7.20
-
A standard adult volleyball net has a height of 7 feet 4 1/8 inches which is shown as h in the sketch. The top of this net is supported by two ropes OA and OB with the dimensions shown. Find: Find...
-
Evaluate the following limits 2-10x+21 a. lim 3 x+x-12 23-3x-9 b. lim x-1x-4x+2
-
Perit Industries has $140,000 to invest. The company is trying to decide between two alternative uses of the funds. The alternatives are: Cost of equipment required Working capital investment...
Study smarter with the SolutionInn App