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Question 1: The price for a bike after two successive discounts of 26% and 12% is $130.24. 1. What is the single equivalent rate of

Question 1:

The price for a bikeaftertwo successive discounts of 26% and 12% is $130.24.

1. What is the single equivalent rate of discount?

2.What is the price of the bikebeforethe two discounts?

Question 2:

The cost to a distributor for a product is $33. The distributor sells the product for $69 to his customers.

1. What is the markup?

2.What is the markup based on the cost (expressed as a percentage)?

Question 3:

Cask'n'Cork wine shop has a markup rate of 14.7% on cost. What price will the shop charge for a bottle of wine that costs $16.20?

selling price =

Question 4:

Kyle bought a bracelet at the original cost $12 to sell in his handicraft store. The markup was 40% on selling price.

a) Find the selling price.

b)Find the amount of markup.

Question 5:

Lowes farm supply buys a large bag of fertilizer for 130$ each less a 20% discount. Expenses are 10% of cost and the profit is 13% of cost .

A)whats is the cost

b)what is the amount of expense,

c)whats is the amount of profit

d)what is the selling price

Question 6:

if the cost is 70$ and the markup based on selling price is 40%

a) what is the selling price

b) what is the markup amount

c) what is the markup % based on cost

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