A dress is marked 25% off at a clearance sale. How much is the clearance sale price if the dress was regularly sold at $850? Show solution

Question

Another question. How much money is needed to produce an income of $46,475 such that half of it is invested at 10% and the other half is invested at 12%? Show solution

Answer 1

Answer 1) Discounted price = Actual price - discount

and discount = actual price * discount%

=> discount = 850 * 25/100 = 212.5

So, discounted price = 850 - 212.5 = 637.5

Answer 2) if income means profit then this would be the answer

Let the amount be 2x.

So, (x*10%) + (x*12%) =46,475

x = 211250

So the invested amount = 422500