Tad owns a sporting goods store. He paid $275 for a tent and later sold the tent for $357.50. What is the percent markup on cost?
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Tad owns a sporting goods store. He paid $275 for a tent and later sold the tent for $357.50. What is the percent markup on cost?
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- Sean owns a ski shop. He paid $280 for some skis and later sold the skis for $364. What is the percent markup on cost?A family purchased a home in Los Gatos, CA in 1971 for $110,000. That same home cost a different family $3,300,000 in 2020. Compare the real cost of this home between families. Explain how their costs compare. (The CPI in 1971 was 40.1 while the CPI in 2020 was 257.9)Willie is a boat dealer. He pays $28,250 for a boat and uses a 30% markup on cost. At what price should Willie resell the boat?
- Freddy runs a business selling clocks. He buys 457 clocks for $44 each (including GST) and sells for $77 each (inc GST). He is registered for GST credits. How much should he remit to the ATO once all the clocks are sold?Marcus runs a business selling reclining chairs. He buys 540 chairs for $55 each (including GST) and sells for $85 each (inc GST). He is registered for GST credits. How much is he liable to remit to the ATO assuming all the chairs are sold? For all answers (unless otherwise indicated), please round your answer to the nearest dollar and use numerals only eg 9999Ester has a small store. For the current month, she purchased merchandise costing 75000 for which she paid for 7500. She sold 60% of the merchandise for 68000, after spending for various expenses totaling 13000. She also paid 2000 for the interest on a money she borrowed for her store. a. How musch was her cost of sales?b. How much gross profit did she make?c. How much operating profit did she make?
- jane bought 2 apples and 3 oranges, the total amount she paid at most P^(123). what is the cost of each apples and oranges ( well explain all point of question and type the answer.)Francis works for a local fly fishing shop. The shop allows employees to purchase two fly rods per year at a discount. This year, Francis purchased one rod. The rod normally retails for $300, the shop's cost was $225, it was sold to Francis for $250, and the employer's average gross profit percentage is 30 percent. What amount of the discount must be included in Francis' income? $25 $40 $50 0-Jaime purchased a sewing machine. After 8% sales tax, she paid $139.32. What equation can be used to find the pre-tax price of the sewing machine? p+ 0.08p = 139.32, where p is the pre-tax price of the machine. p – 0.08p = 139.32, where p is the pre-tax price of the machine. p – 0.08 = 139.32, where p is the pre-tax price of the machine. p+ 0.08 = 139.32, where p is the pre-tax price of the machine.
- George has chosen to buy a new car with a cost of $21, 760 before taxes. Find the cost of the car inclusive of HST. Enter a numeric value only, rounded to 2 decimals places. An answer of $100 should be entered as 100.00.Jennifer took clothes to the cleaners three times last month. First, she brought 3 shirts and 1 pair of slacks and paid $8.46. Then she brought 5 shirts, 3 pairs of slacks, and 1 sports coat and paid $26.91. Finally, she brought 5 shirts and 1 sports coat and paid $14.94. How much was she charged for each shirt, each pair of slacks, and each sports coat? Jennifer was charged $ for each shirt. $ for each pair of slacks, and $ for each sports coat.Jason Searcy buys a condominium for $96,200. He makes a 5% down payment, and pays these closing costs: property survey, $315; insect inspection, $190; legal fees, $525; and title insurance, $225. a. What is the down payment amount? b. What are the total closing costs? c. What is the total cash amount needed to buy the condominium?