In the Protocol ‘modern biotechnology’ is referred to as the application of fusion of cells beyond the taxonomic family (called ‘in vitro nucleic acid’ techniques) that overcome natural physiological reproductive or recombination barriers and are not techniques used in traditional breeding and selection. The term Living modified organism (LMO) is defined as the processing of any material that is of LMO origin, containing detectable novel combinations of replicable genetic material obtained through the use of modern biotechnology (for instance, flour from genetically modified maize). The LMOs intended for direct use as food or feed, or for processing are agricultural commodities from genetically modified crops (http://www.gmo-free-regions.org/glossary.html Accessed 26.11.16.). Although the Protocol did not use the term genetically modified organism, the LMO is almost equivalent to the GMO, which is any organism whose genetic material has been altered using genetic engineering techniques (i.e., a genetically engineered organism). A more popular name of the GMO is ‘transgenic organism’
UNSOLVED MTH302 Assignment 1 Solution and Discussion
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Re: MTH302 Assignment 1 Solution and Discussion
Assignment No. 1 MTH302 (Spring 2020)
Total Marks: 20
Due Date: June 21, 2020.DON’T MISS THESE: Important instructions before attempting the solution of this assignment:
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• Also remember that you are supposed to submit your assignment in Word format, any other format like scanned images etc. will not be accepted and be awarded zero marksQuestion 1
Sameer took a loan of Rs 10,000 at the interest rate of 12% per annum for 5 years. Show that the compound interest is greater than simple interest on the given amount.Question 2
A retailer purchases items that cost Rs. 40.5 each. He adds a markup of 25% on the selling price. The item is then marked down to 7%. What will be the final selling price of the item. -
@Rabia-Dar said in MTH302 Assignment 1 Solution and Discussion:
@zaasmi said in MTH302 Assignment 1 Solution and Discussion:
A retailer purchases items that cost Rs. 40.5 each. He adds a markup of 25% on the selling price. The item is then marked down to 7%. What will be the final selling price of the item.
By definition, the markup percentage calculation is cost X markup percentage. Then add that to the original unit cost to arrive at the sales price. The markup equation or markup formula is given below in several different formats. For example, if a product costs $100, then the selling price with a 25% markup would be $125.
Gross Profit = Sales Price – Unit Cost = $125 – $100 = $25
Now that you have found the gross profit, let’s look at the markup percentage calculation:
Markup Percentage = Gross Profit/Unit Cost = $25/$100 = 25%
The purpose of markup percentage is to find the ideal sales price for your products and/or services. Use the following formula to calculate sales price:
Sales Price = Cost X Markup Percentage + Cost = $100 X 25% + $100 = $125
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@Ehtisham-Ali said in MTH302 Assignment 1 Solution and Discussion:
@zaasmi said in MTH302 Assignment 1 Solution and Discussion:
Question 1
Sameer took a loan of Rs 10,000 at the interest rate of 12% per annum for 5 years. Show that the compound interest is greater than simple interest on the given amount.
Question 2Let the sum borrowed be Z. Then,
(Zx6x2⁄100) + (Zx9x3⁄100) + (Zx14x4⁄100) = 11400
Therefore, 3Z⁄25 + 27Z⁄100 + 14Z⁄25) = 11400
? 95Z⁄100 = 11400
Z = (11400x100⁄95) = 12000 -
@zaasmi said in MTH302 Assignment 1 Solution and Discussion:
A retailer purchases items that cost Rs. 40.5 each. He adds a markup of 25% on the selling price. The item is then marked down to 7%. What will be the final selling price of the item.
By definition, the markup percentage calculation is cost X markup percentage. Then add that to the original unit cost to arrive at the sales price. The markup equation or markup formula is given below in several different formats. For example, if a product costs $100, then the selling price with a 25% markup would be $125.
Gross Profit = Sales Price – Unit Cost = $125 – $100 = $25
Now that you have found the gross profit, let’s look at the markup percentage calculation:
Markup Percentage = Gross Profit/Unit Cost = $25/$100 = 25%
The purpose of markup percentage is to find the ideal sales price for your products and/or services. Use the following formula to calculate sales price:
Sales Price = Cost X Markup Percentage + Cost = $100 X 25% + $100 = $125
-
@zaasmi said in MTH302 Assignment 1 Solution and Discussion:
Question 1
Sameer took a loan of Rs 10,000 at the interest rate of 12% per annum for 5 years. Show that the compound interest is greater than simple interest on the given amount.
Question 2Let the sum borrowed be Z. Then,
(Zx6x2⁄100) + (Zx9x3⁄100) + (Zx14x4⁄100) = 11400
Therefore, 3Z⁄25 + 27Z⁄100 + 14Z⁄25) = 11400
? 95Z⁄100 = 11400
Z = (11400x100⁄95) = 12000 -
Sameer took a loan of Rs 10,000 at the interest rate of 12% per annum for 5 years. Show that the compound interest is greater than simple interest on the given amount plz send me full solution


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