1) A cafe latte was offered for sale at $4.48 at West Store. At East Store, the regular selling price of a similar cafe latte was $5.32. What rate of markdown would East Store have to offer to sell the cafe latte at the same price as West Store ?

the rate of markdown is __ % (round the final answer to two decimal place as needed.)

2)

3)

4)

5)

6)

7)

8)

9)

10)

11)

Sheridan Service sells oil at a markup of 30% of the selling price Sheridan paid $1.06 per litre of oil. (a) What is the selling price per litre? (b) What is the rate of markup based on cost? (a) The selling price per litre is $ II (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) (b) The rate of markup based on cost is % (Round the final answer to two decimal places as needed. Round all intermediate values to six decimal places as needed.) av Arrow Manufacturing offers discounts of 30%, 19.5%, 4% on a line of products. For how much should an item be listed if it is to be sold for S167.38? The item should be listed for s (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) Suzette invested $450 in a 210-day term deposit at 2.75% p.a. What is the future value of the deposit? The future value of the deposit is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) Guiseppe's buys supplies to make pizzas at a cost of $5.62. Operating expenses of the business are 145% of the cost and the profit he makes is 122% of cost. What is the regular selling price of each pieza? The regular selling price of each pizza is (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed) What principal will earn $34.44 interest at 8.25% from May 30, 2012, to January 4, 2013? The principal is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) Bay Street Vending received an invoice dated March 28 with terms 2/15, n/30. The amount stated on the invoice was $2991.00. (a) What is the last day for taking the cash discount? (b) What is the amount due if the invoice is paid on the last day for taking the discount? (a) The last day to take the cash discount is (b) The amount due is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) Using the simple interest formula, determine the number of days until $1315.00 will earn $20.92 interest at 57 3 52% pa The number of days required is (Round up the final answer to the nearest day as needed. Round all intermediate values to six decimal places as needed.) What amount will reduce the amount due on an invoice of $2026.17 by 5905.54 if the terms of the invoice are 2/15, 1/60 and the payment was made during the discount period? The payment amount is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed) A 40% discount allowed on an article amounts to $1.44. What is the net price? The net price is $ (Round to the nearest cent as needed.) A department store pad 549 58 for a colores Owed expenses 15% of the regular seling price and profit is 10% of the regular sing price. During a chances there was sold at a markdown of 39% What was the operating profit or loss on the sale? The operating was $ (Round the final answer to the nearest certas de Round to complaces ded)