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The manager of a specialty store marks up imported products 110%. If a vase imported from Italy costs him $35, what price tag will he put on the item?
To ?nd out the price he sells it for, add the mark-up to his cost ($35). The mark-up is 110%. To ?nd 110% of his cost, multiply through the decimal equivalent of 110% (1.10); $35 × 1.10 = $38.50. The mark-up is $38.50. Add the mark-up to his cost to ?nd out the price the vase sells for; $38.50 + $35.00 = $73.50.
Given So calculate AB. Solution The new matrix will contain size 2 x 4. The entry in row 1 and column 1 of the new matrix will be determined by multiplying row 1 of
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l+bx2= 5000+100x2
x/15=50/20
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Why -2=-x , is x=2
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