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Eduardo bought a refrigerator with a sticker price of $2400. If he paid $35 a week for two years, what was the approximate markup rate on the refrigerator?
A. 65.9%
B. 51.7%
C. 34.1%
D. 75.8%

Respuesta :

Aliwohaish12
There are 52 weeks a year
In 2 years there are 104 weeks

Total paid
35×104=3,640

markup rate
((3,640−2,400)÷2,400)×100=51.7%

It's b

Answer:

The correct answer is option B

Step-by-step explanation:

Payment done per week [tex]= 35 dollar\\[/tex]

Total number of weeks in a  year [tex]= 52 weeks\\[/tex]

Total number of weeks in two  year [tex]= 104 weeks\\[/tex]

Total amount paid in two weeks

[tex]= 35 * 104\\=3,640\\[/tex]

The make up rate is basically the amount paid over and above $2400

[tex]=(\frac{3640 - 2400}{2400} ) * 100\\= 51. 7 perecent[/tex]