Question 1
Solve the problem.
A retail store buys 65 VCRs from a distributor at a cost of $160 each plus an overhead charge of $40 per order. The retail markup is 25% on the total price paid. Find the profit on the sale of one VCR.
◦ $40.15
◦ $39.85
◦ $40.00
◦ $4015.00
Question 2
Solve the problem.
The following graph shows the private, public and total national school enrollment for students for select years from 1970 through 2000.
i)
How is the graph for total school enrollment, T, determined from the graph of the private enrollment, r, and the public enrollment, u?
ii)
During which 10-year period did the total number of students enrolled increase the least?
iii)
During which 10-year period did the total number of students enrolled increase the most?
◦
| i) | T is the difference of r and u. |
ii)
1970 - 1980
iii)
1990-2000
◦
| i) | T is the sum of r and u. |
ii)
1990-2000
iii)
1970-1980
◦
| i) | T is the sum of r and u. |
ii)
1970 - 1980
iii)
1990-2000
◦
| i) | T is the sum of r and u. |
ii)
1970 - 1980
iii)
1980-1990
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