put price - he price at which an asset will be sold if a put option is exercised
A $480 TV was put on sale for 30% off. It didn't sell, so the price was lowered an additional percenA $480 TV was put on sale for 30% off. It didn't sell, so the price was lowered an additional percent off the sale price, making the new sale price $285.60. What was the second percent discount that was given?
Let the second discount be d. We're given:
480 * (1 - 0.3)(1 - d) = 285.60
480(0.7)(1 - d) = 285.60
336(1 - d) = 285.60
336 - 336d = 285.60
[URL='https://www.mathcelebrity.com/1unk.php?num=336-336d%3D285.60&pl=Solve']Type this equation into our search engine[/URL] to solve for d and we get:
d = [B]0.15 or 15%[/B]
A business owner spent $4000 for a computer and software. For bookkeeping purposes, he needs to postA business owner spent $4000 for a computer and software. For bookkeeping purposes, he needs to post the price of the computer and software separately. The computer costs 4 times as much as the software. What is the cost of the software?
Let c be the cost of the computer and s be the cost of the software. We have two equations:
[LIST=1]
[*]c + s = 4000
[*]c = 4s
[/LIST]
Substitute (2) into (1)
(4s) + s = 4000
Using our [URL='http://www.mathcelebrity.com/1unk.php?num=4s%2Bs%3D4000&pl=Solve']equation solver[/URL], we get [B]s = 800[/B].
Substitute this into Equation (2), we get:
c = 4(800)
[B]c = 3,200[/B]
A computer was on sale. The original cost of the computer was $900. It’s on sale for 5/6 the price.A computer was on sale. The original cost of the computer was $900. It’s on sale for 5/6 the price. How much is the computer now?
We want 5/6 of 900. We [URL='https://www.mathcelebrity.com/fraction.php?frac1=900&frac2=5/6&pl=Multiply']type this in our search engine[/URL] and we get:
[B]750[/B]
A pawn broker buys a tv and a computer for $600. He sells the computer at a markup of 30% and the tvA pawn broker buys a tv and a computer for $600. He sells the computer at a markup of 30% and the tv at a markup of 20%. If he makes a profit of $165 on the sale of the two items, what did he pay for the computer?
Let c be the price of the computer and t be the price of the tv. WE have:
[LIST=1]
[*]c + t = 600
[*]c(1.3) + t(1.2) = 765 <-- (600 + 165 profit)
[/LIST]
Using our [URL='http://www.mathcelebrity.com/simultaneous-equations.php?term1=c+%2B+t+%3D+600&term2=1.3c+%2B+1.2t+%3D+765&pl=Cramers+Method']simultaneous equation calculator[/URL], we get:
[B]c = 450[/B]
t = 150
A school theater group is selling candy to raise funds in order to put on their next performance. ThA school theater group is selling candy to raise funds in order to put on their next performance. The candy cost the group $0.20 per piece. Plus, there was a $9 shipping and handling fee. The group is going to sell the candy for $0.50 per piece. How many pieces of candy must the group sell in order to break even?
[U]Set up the cost function C(p) where p is the number of pieces of candy.[/U]
C(p) = Cost per piece * p + shipping and handling fee
C(p) = 0.2p + 9
[U]Set up the Revenue function R(p) where p is the number of pieces of candy.[/U]
R(p) = Sale price * p
R(p) = 0.5p
Break-even means zero profit or loss, so we set the Cost Function equal to the Revenue Function
0.2p + 9 = 0.5p
To solve this equation for p, we [URL='https://www.mathcelebrity.com/1unk.php?num=0.2p%2B9%3D0.5p&pl=Solve']type it in our math engine[/URL] and we get:
p = [B]30[/B]
Calls-Puts-Option ΔFree Calls-Puts-Option Δ Calculator - Calculates the call price, put price, and option Δ based on an option under the risk neutral scenario with a 1 year term.
Cox-Ross-Rubenstein PricingFree Cox-Ross-Rubenstein Pricing Calculator - Using the Cox-Ross-Rubenstein method, this calculates the call price and put price of an option.
Dan bought a computer in a state that has a sales tax rate of 7%. If he paid $67.20 sales tax, whatDan bought a computer in a state that has a sales tax rate of 7%. If he paid $67.20 sales tax, what did the computer cost?
Set up the equation for price p:
p * 0.07 = 67.20
p = 67.20 / 0.07
p = [B]$960[/B]
Mike writes a book and gets 15% royalty of total sales. He sells 50,000 books at a cost of $35 per bMike writes a book and gets 15% royalty of total sales. He sells 50,000 books at a cost of $35 per book. What is the royalty he receives? Remember to put the $ symbol in your answer. For example, if your answer is 10 dollars, write $10 in the answer box.
[U]Calculate total sales:[/U]
Total Sales = Number of Books * Price per book
Total Sales = 50,000 * $35
Total Sales = $1,750,000
[U]Now calculate Mike's royalties:[/U]
Royalties = Total Sales * Royalty Percent
Royalties = $1,750,000 * 15%
[URL='https://www.mathcelebrity.com/perc.php?num=+5&den=+8&num1=+16&pct1=+80&pct2=15&den1=1750000&pcheck=3&pct=+82&decimal=+65.236&astart=+12&aend=+20&wp1=20&wp2=30&pl=Calculate']Royalties[/URL] = [B]$262,500[/B]
Mr rosenthal bought 15 computer disks and a carrying case for 28.50 if the carrying case cost 6.75 wMr rosenthal bought 15 computer disks and a carrying case for 28.50 if the carrying case cost 6.75 what was the cost of each disk
Figure out how much he has left over after purchasing the carrying case:
28.50 - 6.75 = 21.75
Now, figure out the price per disk:
21.75/15 = [B]1.45[/B]
The original price of a computer was $895.00. Eleanor had a 25% off coupon which she was able to usThe original price of a computer was $895.00. Eleanor had a 25% off coupon which she was able to use to make the purchase. If sales tax of 6.5% was added after the discount was taken, how much did Eleanor pay altogether for the computer?
First, apply the discount:
$895 * 25% = $223.75
$895 - $223.75 = $671.25
Now, apply sales tax of 6.5% to this discount price of $671.25
$671.25 * 1.065 = [B]$714.88[/B]