Homework Clinic
Social Science Clinic => Business => Topic started by: crazycityslicker on Jun 24, 2018
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Mario's Wholesale Pastas sells pasta to restaurants. Mario buys from a company that offers a 40 trade discount. Mario sells to his retail customers at a 25 discount. One type of pasta lists for 17.80 for 20 pounds. What is Mario's profit on this item?
Question 2
The ______________ of each discount in the series discount 10/15/20 is 0.9, 0.85, and 0.8.
Fill in the blank(s) with correct word
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Answer to Question 1
2.67;
List price is 17.80; Mario pays 17.80 0.4 = 7.12; 17.80 - 7.12 = 10.68;
17.80 0.25 = 4.45; 17.80 - 4.45 = 13.35; Mario pays 10.68 and sells for 13.35, so his profit is 13.35 - 10.68 = 2.67.
Answer to Question 2
complement