walker1654
walker1654 walker1654
  • 23-08-2020
  • Mathematics
contestada

Cooper bought a washing machine with a sticker price of $900. If he paid $12
a week for two years, what was the approximate markup rate on the washing
machine?
A. 27.9%
B. 38.7%
C. 69.3%
D. 72.1%

Respuesta :

musiclover10045
musiclover10045 musiclover10045
  • 23-08-2020

1 year = 52 weeks. 2 years would be 104 weeks.

$12 per week x 104 weeks = $1248 total.

1248 - 900 = $348

348 /900 = 0.3866 = 38.7%

The answer is B

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