This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: As a source of income after retirement, Ian Donnelly sells an assortment of hard-to-find, specialty ... (Read 54 times)

washai

  • Hero Member
  • *****
  • Posts: 523
on: Jun 24, 2018
As a source of income after retirement, Ian Donnelly sells an assortment of hard-to-find, specialty hardware items out of his home. Ian buys a pair of small ratchet-style pruning clippers for 15 each and sells them for 45 each. What is the markup percent based on selling price?

Question 2

If the euro is valued at 1.4851 in U.S. dollars, compute the value in U.S. currency of 5,00 . euro.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

smrtceo

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jun 24, 2018
Answer to Question 1

45 - 15 = 30 dollar markup;
30  45 = 0.667 = 66.7 markup percent based on selling price

Answer to Question 2

7,425.50


washai

  • Member
  • Posts: 523
Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it

sarah_brady415

  • Member
  • Posts: 328
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

When children are “launched” into independence, their parents often find new interests together ... When children are “launched” into independence, their parents often find new interests together ...
Selected Specialty Supplements Selected Specialty Supplements
A water spray bottle is an excellent diagnostic tool to help find an intermittent engine misfire ... A water spray bottle is an excellent diagnostic tool to help find an intermittent engine misfire ...
How to find the volume and surface area of any cylinder How to find the volume and surface area of any cylinder
Find the final velocity of the object Find the final velocity of the object
Find derivative using chain rule Find derivative using chain rule
Video: Brief Summary on Photosynthesis - Animation

For a complete list of videos, visit our video library