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50. How many fifths are there in 4.8? A. 24 B. 0.96 C. 1.04 D. 9.6 E. None of these Part II: Answer the

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50. How many fifths are there in 4.8? A. 24 B. 0.96 C. 1.04 D. 9.6 E. None of these Part II: Answer the following, showing all work as necessary. A shopkeeper offers two successive discounts of 20% and 10% respectively on an article. What is the total discount received by the customer? Find the profit percent on selling a t-shirt for $80. The cost price of the t-shirt is $64. The value of a stock appreciates by 20% in the first year and then depreciates by 10% in the second year. What is the present cost of the stock, if it was purchased two years ago for $300? The cost of a pen is $4, and it is sold at a profit of 20%. Find the selling price of the pen. A stockbroker purchases shares for $800 and sells it for $1120. Find his profit percentage. Part III: Accounting plays a major role in daily life. Profits, losses, taxes, income and expenses impact individuals and businesses. During you summer break, record the details of ten (10) purchases you make. Use the attached chart to record the information for each sale. Date Purchased Item Purchased Cost Purchase Price Sales Tax

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