As the manager of Speedy Supermarket, answer the following questions. a. 2-liter Bubbly-Cola products cost Speedy $16.80 per case of 26 bottles and they are sold at a price of $11.00 for 4 bottles. What is the amount of the markup and the percent markup on selling price per case? Round dollars to the nearest cent. Do not enter the percent symbol in your answer. Amount of markup: $ Percent markup based on selling price: % b. 12-pack Bubbly-Cola products have a markup of $9.40 per case of six 12-packs at Speedy. They sell at a price of $12.00 for 3 of these 12-packs. What are the cost and the percent markup on selling price per case? Round dollars to the nearest cent. Do not enter the percent symbol in your answer. Cost: $ Percent markup on selling price per case: %
Unitary Method
The word “unitary” comes from the word “unit”, which means a single and complete entity. In this method, we find the value of a unit product from the given number of products, and then we solve for the other number of products.
Speed, Time, and Distance
Imagine you and 3 of your friends are planning to go to the playground at 6 in the evening. Your house is one mile away from the playground and one of your friends named Jim must start at 5 pm to reach the playground by walk. The other two friends are 3 miles away.
Profit and Loss
The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.
Units and Measurements
Measurements and comparisons are the foundation of science and engineering. We, therefore, need rules that tell us how things are measured and compared. For these measurements and comparisons, we perform certain experiments, and we will need the experiments to set up the devices.
Percent markup based on selling price: %
Percent markup on selling price per case: %
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