ECONOMICS
INCENTIVES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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$18.96
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$50.85
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$56.89
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$94.81
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Detailed explanation-1: -Determine the total cost of all units purchased. Divide the total cost by the number of units purchased to get the cost price. Use the selling price formula to calculate the final price: Selling Price = Cost Price + Profit Margin.
Detailed explanation-2: -If the shirt is 20% off, you must convert 20% to a decimal (20/100 = 0.2). You have Rs 1, 000 * 0.2 = Rs 200. You then subtract the discount from the original price as Rs 1, 000 – Rs 200 = Rs 800.
Detailed explanation-3: -Find the original price (for example $90 ) Get the the discount percentage (for example 20% ) Calculate the savings: 20% of $90 = $18. Subtract the savings from the original price to get the sale price: $90-$18 = $72. You’re all set! 29-Dec-2022
Detailed explanation-4: -Divide the number by 100 (move the decimal place two places to the left). Multiply this new number by the percentage you want to take off. Subtract the number from step 2 from the original number. This is your percent off number. 09-Jan-2023