Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A lap-top computer that cost a dealer $423.00 less 33&1/3%, 16&2/3%, is marked up 183&1/3% of cost. For quick sale, the lap-top was reduced

image

A lap-top computer that cost a dealer $423.00 less 33&1/3%, 16&2/3%, is marked up 183&1/3% of cost. For quick sale, the lap-top was reduced 66&2/3%. (a) What was the cost? (Do not include the $ sign in your answer.) (b) What was the regular selling price? (Do not include the $ sign in your answer.) (c) What was the sale price? (Do not include the $ sign in your answer.) (d) What rate of markup based on cost was realized? (Correct to 3 decimals, do not include the % sign in your answer.) (If your answer is a negative number, include the negative sign before the answer, with no space.)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

A nice problem on percentages Lets break it down step by step Step 1 Find the cost of the lapt... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Contemporary Business Mathematics with Canadian Applications

Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs

10th edition

133052311, 978-0133052312

More Books

Students also viewed these Mathematics questions

Question

=+a) Find a linear model for this series.

Answered: 1 week ago