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Q8: Ms. Rawan Al Hinai, a professional consultant has recently bought the new office. She went to the Home Dcor Furniture's to buy the furniture

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Q8: Ms. Rawan Al Hinai, a professional consultant has recently bought the new office. She went to the Home Dcor Furniture's to buy the furniture for her office. Home Dcor Furniture's has wide range of furniture's but she selects suitable furniture for her office. The furniture was priced RO 450 and Home Dcor Furniture's was offering 10% discount on the selling price. During the conversation with sales person, Zainub came to know that Home Dcor Furniture's had bought this furniture from the manufacturer for RO 350. Finally she decided to buy the selected furniture. a) What is the Home Dcor's markup rate on cost and how much is the markup amount? b) What is the amount of discount? c) How much amount Ms. Rawan needs to pay to buy the furniture? d) If the Home Dcor's rate of markup is 20% on cost, what would be the selling price of the furniture

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