Question
and 10% . The price is to be set to sheets of gyprock from Windsor Gypum at $(30)/() sheet less 30% operating profit of
and
10%
. The price is to be set to sheets of gyprock from Windsor Gypum at
$(30)/()
sheet less
30%
\ operating profit of
18%
of the selliver Bob's overhead of
20%
of the selling price and to provide an\ additional rate of discount wess
25%
and
15%
is offered at a further reduced price of
$274.89
. What\ 8. Fir shrubs were purchased for
$35.0
less
40%
, and less a further
25%
. They were sold for
$3.29
.\ What is the mark up as a percent of cost?\ What is the markup as a percent of selling price?\ 9. Super Ski purchased gloves for
$(80.28)/()
pair. The gloves are marked up
48%
of the selling price.\ For how much does Super Ski sell a pair of gloves?\ What is the rate of markup based on cost?\ 10. You get an invoice for
$83,000
with terms
(4)/(15),(2.5)/(30),(n)/(60)
. One payment was made in the first discount period, and another payment of
$37,000
was made within the second discount period to pay off the balance. What was the amount of the first payment?\ 11. You are being paid on a graduated commission scale where you get
5%
on the first
$20,000
in sales,
8%
on the next
$15,000
and
10%
on all additional sales in a month. What was your commission rate for a month totaling
$100,000
in sales?\ 12.
xYZ
Industries received an invoice for
$2100
with terms
(3)/(10),(1)/(30),(n)/(45)
. After one payment wi the 10-day discount period, a second payment of
$550.11
within the 30-day discount period pai the balance. What was the amount of the first payment?\ a)
$555.67
\ b)
$1502.00
\ c)
$1476.00
\ d)
$1498.00
\ e)
$1544.33
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