Betty made a 20% profit on a residential lot she sold for $30,000. What did she pay for the property

Answers

Answer 1

Answer: $25000

Explanation:

From the question, we are informed that Betty made a 20% profit on a residential lot she sold for $30,000. Let the cost price of the property be represented by x.

Therefore, (100% + 20%) of x = $30000. This means that 120% of x = $30000.

120% × x = $30000

1.2x = $30000

x = $30000/1.2

x = $25000

Therefore, the amount paid for the property is $25000


Related Questions

A dealer in U.S. government securities quotes a 5-year Treasury note at 89.12-89.16. In dollars, that represents a spread of

Answers

Answer:

0.00125

Explanation:

In order to determine the spread of the dealer's quote, there is a need to undertstand that the first price quoted is known as bid price, which is the price the dealer is willing to purchase the securities while the second one is the ask price, the dealer's selling price.

From a conventional point of view(norm), the spread is the ask minus the bid price divided by 32 as shown thus:

spread=(89.16-89.12)/32=0.00125

what is the difference in having da juice, or having the sauce?

Answers

juice is good but i don’t even care what the flavor of it so it was a nice touch it fr sauce poop

Goods sold to Mahesh Rs 20000 journal entries​

Answers

Answer:

see below

Explanation:

This transaction is affecting sales. It is increasing sales( revenue account) by Rs 20,000.  An increase in sales is recorded by crediting the sales account.

The goods are sold to Mahesh. It is an increase in accounts receivable ( asset account). An increase in assets is recorded as a debit to the asset account.

The Journal will be as follows.

 Mahesh A/c Dr. Rs. 30,000

   Sales A/c                                 Cr. Rs.20,000

 

__________ utility is the benefit marketing provides by allowing the consumer to own, use, and enjoy the product.

Answers

Answer:

Possession

Explanation:

POSESSION UTILITY can be defined as the type of Utility in which a person derived a value for owning a product reason been that POSSESSION UTILITY give such person who purchased a product the right to own the product by enabling such person to possess the ownership of the product and to use the product . Example a person who purchased a car bought it for the purpose of driving it around which means that such person has the POSSESSION UTILITY to own the car , drive the car and enjoy the car thereby deriving a value for owning the car .

brainliest for the people who no why ro/blox not working to day

Answers

Here you go, Its in the picture.

Answer:

Try updating the game

Explanation:

*ECONOMICS* please help
thank you to whoever answers

Answers

Answer:

I think B

Explanation:

I don't know much about economics, but don't you need to have decent credit to take a loan (borrow) from the bank?

Lindsay is in 11th grade and wants to be a physical trainer and work with athletes for her career. She wants to help them learn how to strengthen their muscles and keep their bodies in prime condition so that they will perform at their best. Which of these is a LONG-TERM goal? *
1.Get an 'A' on her anatomy test
2.Get an after-school job to help pay for college
3.Exercise after school to stay in shape for her upcoming varsity basketball season
4.Graduate from college with a degree in sports medicine

Answers

A long term goal is something that a person has that requires planning and most of the time, involves their career or what they want to do in the future, Something that isn't going to come to an end anytime soon. So, the answer is 4.

A major cause of the 2008 economic collapse was Group of answer choices the Contract with America. Bush's expansion of affirmative action programs. the war in Iraq. the collapse of the housing market.

Answers

Answer:

the collapse of the housing market.

Explanation:

The cause of the 2008 financial crisis was the deregulation of the financial sector which allowed banks to invest in real estate.

The resulting bubble in real estate prices led to the 2008 financial crisis.

HELPPPPPPPPP I will give you brainliest if u r right

What does it mean to deploy a network?
A.
To set it up and implement its use
B.
To shut it down
C.
To hack into it
D.
To design it, but not do physical set up

Answers

Answer:

A

Explanation:

Answer:

AAAA

Explanation:

just did the test :))

what effect might use of outdated or incorrect information have on a business?

Answers

Answer:

it could misslead or make there buisness fail

Explanation:

According to the video, which tasks do Urban and Regional Planners perform? Check all that apply.
developing recommendations to improve medical care
o promoting the best use of land and resources
developing plans for growth and renewal
promoting campaigns for political elections
reviewing applications for government assistance

Answers

Answer:

Got it right on Edge!

Explanation:

Promoting the best use of land and resources and developing plans for growth and renewal are the tasks performed by Urban and Regional Planners.

Who are Urban and Regional Planners?

Among other areas of interest, urban and regional planners may choose to specialise in topics like transportation planning, community development, historic preservation, or urban design. Public servants, civil and environmental engineers, architects, attorneys, and real estate developers are all common collaborators with planners.

Urban and regional planners design land use plans and policies that support the development of communities, population growth, and the renewal of physical infrastructure.

Therefore, the tasks that Urban and Regional Planners perform are promoting the best use of land and resources developing plans for growth and renewal.

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Okay, Daily Question!
My friend is telling her crush she likes him and she wanted me to come up with a ship-name? I made some suggestions but she didn't like any of them and she gave me a deadline of 3:00 to give her a 'good' one. Here are the names:
Nate/Nathan + Addy/Addison
Have any ideas?

Answers

Explanation:

Naddison

NA

Natson

Naddy

The table shows a point-based grading system.

A 3 column table with 12 rows. Column 1 is labeled Letter grade with entries A plus, A, A minus, B plus, B, B minus, C plus, C, C minus, D plus, D, E/F. Column 2 is labeled Percent grade with entries 97 to 100, 93 to 96, 90 to 92, 87 to 89, 83 to 86, 80 to 82, 77 to 79, 73 to 76, 70 to 72, 67 to 69, 65 to 66, below 65. Column 3 is labeled 4.0 Scale with entries 4, 4, 3.7, 3.3, 3, 2.7, 2.3, 2, 1.7, 1.3, 1, 0.

Jennifer wants to figure out her grade point average for this semester. She received a B in English, a C- in math, and an A in social studies.

Based on the table, what is Jennifer’s GPA?

1.9
2.9
3.0
4.0

Answers

Answer:

ITS 2.9

Explanation:

i did the test

Answer:

its A, 2.9

Explanation:

"Under the Uniform Securities Act, which methods of storage are permitted to retain required records?"

Answers

Answer:

All of the options

Explanation:

These are the options for the question

I Microfilm

II Microfiche

III Digital Storage

IV Computer Tapes

Security act was set up for regulation of stock market. It should be noted that Under the Uniform Securities Act, the methods of storage below are permitted to retain required records;Microfilm

II Microfiche

III Digital Storage

IV Computer Tapes

is capital the amount of sales a business has? true or false?

Answers

Answer:

false

Explanation:

Capital refers to the resources or wealth used to start and maintain a business. It includes money and assets a business uses to produces other goods or offer services to its customers. Capital represents the owners' contribution to the business.

For an ongoing business, capital is calculated by subtracting liabilities from the assets. i.e., capital is equal to assets minus liabilities. Profits increase capital while losses decrease it.

Sales refer to money generated through a firm's trading activities. It is the money received from customers for goods sold or services rendered. Sales are often referred to as revenues.

Select the correct answer.
Mary is planning to buy a mobile phone that costs $500. She can choose any of five different payment plans with varying simple interest rates and periods:

plan 1: 6% for 10 months
plan 2: 8% for 12 months
plan 3: 10% for 14 months
plan 4: 12% for 18 months
plan 5: 14% for 12 months

Which plan offers the lowest monthly payments?

A.
plan 1
B.
plan 2
C.
plan 3
D.
plan 4
E.
plan 5

Answers

Answer:

plan 1

Explanation:

Mary is planning to buy it moule phone that costs $500. She can choose any of fun different payment plans with varying simple interest rates and periods. The plan that offers the lowest monthly payments is plan 1:6% for 10 months. The correct option is a.

What is a payment plan?

A payment plan can refer to paying off any outstanding debt, or sometimes more than one debt by means of consolidation into an organized payment schedule. Alternatively, different types of consumer financing involve a payment plan, such as car loans and point of sale retail loans.

Within a payment plan for financing, the consumer pays back a fixed amount of money every month until the balance is cleared. Credit cards require a more flexible payment plan, where there is a minimum required payment per month, and the borrower can decide how much to pay back and when.

Traditionally, a payment plan would have referred to a monthly amount being paid directly to the retailer as part of an installment schedule, in advance of receiving the merchandise.

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An individual's liability for unauthorized credit card charges is much higher than an individual's liability for unauthorized debit card purchases, regardless of when the fraud is reported. * 2 points True False

Answers

An individual's liability for unauthorized credit card charges is much higher than an individual's liability for unauthorized debit card purchases, regardless of when the fraud is reported.

The answer is FALSE

What are some of the benefits using a financial institution like a bank or a credit union

Answers

Answer:

They keep money safe and stable. However, Investing in the stock market is also another option, with the opportunity to make large gains with you money, with more risk of course.

Explanation:

An investor whose highest priority is getting the largest gains possible, even if
it requires a lot of risk, would most likely invest in
O A. hedge funds
O B. bonds
O c. mutual funds
O D. savings accounts

Answers

Answer: A. Hedge funds

Explanation:

A monopolist sells to tourists who have demand p1 = 14 – q1 at a price of $8.00. Residents have demand p2 = 10 – q2. The firm implements an OPD pricing plan. What price should the monopolist charge to the residents?

Answers

Answer:

Price charge to the residents = $4

Explanation:

Given:

p1 = 14 – q1 at a price of $8.00

p2 = 10 – q2

Find:

Price charge to the residents

Computation:

p1 = 14 – q1 at a price of $8

8 = 14 – q1

q1 = 6

In OPD q1 = q2

So,

p2 = 10 – q2

p2 = 10 – 6

p2 = $4

Price charge to the residents = $4

HELP!

In an official meeting the leader does NOT require a MOTION or SECOND to make a decision on behalf of the group.

True
False

Answers

Answer:

False.

Explanation:

• Nominations do not need a second

• Closing nominations requires 2/3 vote. To reopen requires a majority vote. Parliamentary Rules for a Committee The formality necessary in a large group would hinder business in the smaller group. Therefore, in a committee:

• Members are not required to obtain the floor before making motions or speaking.

Answer:

TRUEE

Explanation:

Wegmans' excellent ________ far exceeds customer expectations, especially for a grocery store chain.

Answers

Produce??

Fresh meat?

Employee benefits
(A) can be worth a great deal of money.
(B) include the salary that an employee is paid.
(C) should never be considered when trying to decide whether to accept a job.
(D) all of these

Answers

Answer:

(D) all of these

Explanation:

Employers offer attractive benefits to attract and retain the best talents in the industry.  Employee benefits are offered over and above wages and salaries. They are also called fringe benefits or perks and include Medical insurance coverage, bonuses, overtime, and retirement benefits.

Employees are encouraged to compare the different benefits that employers offer before accepting a Job. Benefits are not standardized and may be costly to employers. Employees should analyze them carefully to select the employer providing the best.

What should you expect to get from your insurance company in exchange for your premium?

Answers

Answer:

see below

Explanation:

Premiums are the regular payments the insured pays to the insurance company for insurance coverage. By paying premiums, the insurance company agrees to compensate the insured for any financial loss resulting from the risk covered by the insurance contract.

Premiums are the cost of insurance.  The customer pays premiums while the insurances undertake the risk stated in the policy documents. Should the customer suffer damages, injuries, or financial loss, the insurance companies compensate the customer as per the terms stated in the insurance contract.


What difference would it make to the economy if there were no money? What commodities might serve as
money instead? Provide reasons for your answer.

Answers

Answer:

First of all, I am saying that some of the companies will loose all of their workers, because their bosses won't have enough money.

The major difference that it would make to the economy is there will be no inflation if there were no money.

What do you mean by money?

Money refers to the medium of exchange that makes transactions easier to conduct.

Inflation can be caused when there is an increase in the money supply in the economy than the economy's ability to produce goods and services. If the production of goods and services remains unchanged but the money supply increases, the economy will face inflation.

Therefore, if there were no money, there will be no inflation in the economy.

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Total expenditures for coffee reached a maximum at a price of $5 per lb. At this price the demand for coffee is

Answers

Answer:

" Unitary elastic" would be the correct approach.

Explanation:

Whenever the overall spending would be at the optimal energy, the production is component elastic, since the amount spent was hardly starting to fall as well as neither increasing.  And therefore it is wonderfully sensitive to changement in price, and that's why the government spending is optimum as well as the quantity supplied would be unit elastic.  

Total expenditure then becomes the upper limit for unit quantity demanded besides coffee.

10. Which of the following is a good question to ask about a career you may choose?
What does my family want me to do?
O What training/education will I need?
O Will I be able to impress people with my career?
O Who else has done this job?
со

Answers

Answer:

What training/education will I need?

Explanation:

Choosing the right education/career path increases the chances of landing in the desired career choice. Identifying the desired career early helps one join the right education path as different careers have separate career paths.

In choosing a career, one should be mindful of their educational abilities. They will need guidance on the right educational path. One has to evaluate themselves to see if they are good in the subjects in that career path.

Answer:

O What training/education will I need?

Explanation:


Explain why we cannot calculate a country's Gross National Income (GNI) simply by adding up the output of all
businesses in the country. Give appropriate reasons for your answers.

Answers

Answer: See explanation

Explanation:

Gross national income (GNI), is simply refered to as the amount of money that the people and businesses of a particular country earns for the year. It is calculated as the addition of the gross domestic product (GDP) of w country plus the net income from abroad.

We cannot calculate a country's Gross National Income (GNI) simply by adding up the output of all businesses in the country because it will not take into consideration what other citizens of the country that are in other country does and this ultimately will result in a wrongful value of the GNI gotten.

HELP!

50 percent of all work interactions involve some form of communication.

True
False

Answers

Answer:

i think the answer is true

Explanation:

The correct answer is true

Write a promotion policy below - include personal qualities and behaviors the company rewards and how they are rewarded, such as raise or promotion.

Answers

Answer:

When a company tells its employees that there’s no dress code and that it’s a casual work environment, that’s a trick. Don’t be fooled – there’s no such thing as a casual work environment when it comes to how you look. Fair or not, how you dress is super important.

Explanation:

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