Homework SourseZack wants to sell five items that cost him 110 240 640 11 a
Zack wants to sell five items that cost him $1.10, $2.40, $6.40, $11, and $15.70. He wants to make a profit of 60% of the cost. Create a function s(c) that you can use to determine the selling price of each item, and then use the function to calculate each selling price. (Round your answers to the nearest cent.)
Zack wants to sell five items that cost him $1.10, $2.40, $6.40, $11, and $15.70. He wants to make a profit of 60% of the cost. Create a function s(c) that you can use to determine the selling price of each item, and then use the function to calculate each selling price. (Round your answers to the nearest cent.)
Solution
let c(c) be the cost price of items purchased by zack,s(c) is the selling price ,profit % is 60.
s(c)=c(c)+60/100 c(c)=c(c)+0.6 c(c)=1.6 c(c)
s(c)=1.6 c(c)
selling price for $ 1.10 will be 1.6 * 1.1=1.76 $
Selling price for $ 2.40 will be 1.6*2.40=$3.84
selling price for $ 6.40 will be 1.6 * 6.40=$10.24
selling price for $11 will be 1.6* 11=$17.6
selling price for $ 15.70 will be 1.6*15.70=$25.12
