For a certain salesman, the probability of selling a car today is 0.30. Find the odds in favor of him selling a car today.

The odds in favor of him selling a car today are 3 to 10

Step-by-step explanation:

Probability and odds:

Suppose we have a probability p.

The odds are of: 10p to 10

In this question:

Probability of selling a car is 0.3.

10*0.3 = 3

So the odds in favor of him selling a car today are 3 to 10

8

step-by-step explanation:

this is a subtraction problem.

10 - 2 = 8

wholesale price is the initial price before markup. retail price comes after the markup.

a price of 8 bucks that's marked up by 100%   is

formula: initial price + (percent markup in fraction/decimal)(initial price)

8+(1)(8)

8+8

16

retail price is $16.