An office supply store adds a $2.50 markup to calculators and sells them for $6.95. (a) What is the cost (in $) of the calculators? $ (b) What is the percent markup based on cost? (Round your answer to the nearest tenth of a percent.) %

Q: Suppose a certain car audio manufacturer receives an order of a certain brand of satellite radios…

A: Trade discount: It is the reduction in the retail price when manufacture sell product to the…

Q: will give thumbs up if correct #1. Given: The manager of a sporting goods store receives an…

A: Markup Rate is the percentage value more than the purchase price or the cost incurred by the seller.…

Q: You are the manager of a camera store. Use the advertisement to answer the questions. (Round dollars…

A: Markup is the difference between the cost and selling price of the product. It is also known as…

Q: The cost to print a hat for a conference is $40 for the printing setup fee and $10 per hat You plan…

A: Costs can be fixed or variable in nature.Fixed costs are constant irrespective of the output…

Q: Ramon Hernandez saw the following advertisement for a used Volkswagen Bug and decided to work out…

A: Here, Particulars Values Cash price  $   7,850.00 Down payment  $             -   Amount…

Q: Type your answer into a box using your keyboard or the online keyboard. Converting Wages If you earn…

A: Company is organizing business activities for the purpose of earning proper returns. This return can…

Q: Suppose a certain car audio manufacturer receives an order of a certain brand of satellite radios…

A: The objective of this question is to calculate the net price factor, the single equivalent discount,…

Q: Calculate a markup matrix for next year's models. Select the correct choice below and, if necessary,…

A: It has been given for the current year regarding the prices of the cars at both ends which is at the…

Q: Find the selling price. A store pays $8 for a pool noodle. The markup is 20%.

A: The selling price is calculated as sum of cost price and markup value.  SP = cost price + Markup…

Q: A home decorating store carries handmade floor tile with a markup of 3131​% on the selling price. If…

A: The objective of the question is to find the selling price, the cost, and the cost as a percent of…

Q: What is the total finance charge?

A: Given information is: Purchase price = $242 Down payment = $100 Amount financed = $142 Number of…

Q: A hardware store purchased a tool at P20,000 per unit. At what price should the tool be sold so that…

A: Profit is made when a business entity sells an item to any other party. Profit amount is the selling…

Q: Solve this

A: To calculate the gross earnings for an apple picker based on the given differential pay scale, we…

Q: 5. ABC Hardware purchases 500 hammers a year for its inventory from its supplier who bers pricing at…

A: Economic order quantity is quantity which ensures that the company should minimize its inventory…

Q: A dealer bought personal computers for $1850 less 32%, and 17%. They were sold for $1575. What was…

A: Given: Cost of computer $1,850.00 Discount  32% Discount 17%

Q: 2. An automobile GPS system is sold to stores at a wholesale price of $97. A popular store sells…

A: The wholesale price and the retail price are linked through mark up and mark up percentages. In all…

Q: Solve. Show the system of equations used and show your work on solving the system: A company wants…

A: A company wants to advertise its product in a certain magazine. the magazine offers two ad plans:…

Q: they sell by marking up its cost at wholesale a full 100%. If they had a sale with all items marked…

A: Step 1 In cost, there are two types of profit percentage method generally, which is based on On…

Q: You are given the information below and you are requested to answer the following questions (keep…

A: Formula: Gross margin = [ ( Sales revenue - cost of goods sold ) / sales revenue ] x 100 Deduction…

Q: 1. What is the mark- on of a 50 kg sack of rice cost Php 1,900 when sold at Php 2,250?

A: Mark up Mark up is the amount added to the cost of the goods sold to recover the overheads and…

Q: A mathematics book cost the store manager 161 and he marked it up another 89. What was the selling…

A: Sales price of the product means price at which goods are being sold. It includes cost price of the…

Q: MOUNTAIN BIKE REI advertises mountain bikes for $199.90. If the store's cost is $2100 per dozen,…

A: Cost of 1 Bicycle: = Store's Cost/dozenNo. of bicycles in a dozen=$2,10012 = $175 Markup of a single…

Q: Round your answer to the nearest dollar. Make a 5% offer on a Ford Escort that has a sticker price…

A: It is asked in the question to make 5% offer. Hence, lets assume that the number of unit is 1. 5…

Q: Suppose a certain car audio manufacturer receives an order of a certain brand of satellite radios…

A: Since you have posted a question with multiple sub-parts, we will solve the first three subparts for…

Q: The home office ships merchandise to the branch at 25 percent above cost.  At what amount should the…

A: >There are various transactions that are being carried out between the Home Office and  its…

Q: A. Solve the following problems (round off 2 decimal places): 2. ufacturer for $41 Find the cost in…

A: Markup:- It is the amount of addition to the cost price of the goods, it is the amount by which the…

Q: Suppose a certain car audio manufacturer receives an order of a certain brand of satellite radios…

A: There are three consecutive discounts are given here, the ne price factor can be calculated by using…

Q: (a) Write an equation that represents the total amount of the paycheck The equation represents the…

A: In the given question, paycheck is the sum of the amount received for pickups and the amount…

Q: ore has a sale with 10 % off every item.  When you enter the store, you receive a coupon that states…

A: Companies provide different amount of discounts to the customers and these are given to increase and…

Q: An automobile ski rack is sold to stores at a wholesale price of $38. If a store has a $23 markup,…

A: The price which manufacturers charges to the retailers is the wholesale price. Retail price is the…

Q: A bag has a cost of 400 and a mark up rate base on cost of 25%. What is the selling price, mark up…

A:

Q: For doing a certain job, you are offered 1¢ the first day, 3¢ the second day, 9¢ the third day, and…

A: In the given case, the amount of cents increase on each day has a pattern of increasing by a factor…

Q: A customer is looking at a bedding set that was originally $160.00. There is a large sign that says,…

A: Some times products may be sold at a discount rate. In that case discount amount is deducted from…

Q: 23. Mrs. Racelis, an entrepreneur, purchased 500 bags of cement at P 240 per bag If she sold 500…

A: Hi student Since there are multiple questions, we will answer only first question. If you want…

Q: amount should the Home Office account be credited if merchandise costing P120,000 will be shipped

A: Shipping price = Cost + (Cost * Markup percentage)

Q: A clothing merchant purchases a shipment of clothes for $37,000.00 with discounts of 11% and 5%. He…

A: The net purchase price is the actual cost paid by a buyer for a product or service after deducting…

Q: The cost of an office furniture is OMR 1,000 and the mark-up is OMR 200. How much is the selling…

A: Selling price of the furniture = cost + markup

Q: Suppose your company sells a 3 pack of lenses that attach to smart phones to improve the quality of…

A: Cost of goods sold: It is the cost of acquiring the goods or manufacturing the goods which are sold…

Q: ealer bought personal computers for $1850 less 32%, and 17%. They were sold for $1575.  What was the…

A: Dealers purchases the computers in large quantity and based on the quantity they get discounts and…

Q: Assume a jeweler paid $1,000 for a watch and sold it for $4,000. What would be his markup based on…

A: Markup percentage will be higher on cost and lower on selling price