Question
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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