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
6. c=s+f and 10% Bulling Supplies gets 48 sheets of operating profic is is to be set to cover Bob's overk from Windsor Gypsum at $30/ sheet less 30% What shof of 18% of the selling price, 30=1818380%38% additional rate of discot at $440 less 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
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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