A.

Royal Furniture bought a sofa for $960. The sofa had a $1,560 list price. What was the trade discount rate Royal received? (Round your final answer to the nearest hundredth percent.)

Amout paid________

Discount amount__________

Portion=__________

Base=___________

Rate=__________

b.

Misu Sheet, owner of the Bedspread Shop, knows his customers will pay no more than $130 for a comforter. Misu wants a 30% markup on selling price. What is the most that Misu can pay for a comforter?

Cost=__________

Selling price =______________

Portion=__________

Base=___________

Rate=__________

Solving for =___________