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

Author Question: Omar Davies owns a large sporting goods store with several departments, one of which sells only ... (Read 77 times)

TFauchery

  • Hero Member
  • *****
  • Posts: 500
on: Jun 24, 2018
Omar Davies owns a large sporting goods store with several departments, one of which sells only camping equipment. Omar buys one model of portable gas stove for 60 . During the camping season, Omar sells the stove for 187.50 . What is the markup percent based on selling price?

Question 2

If the Danish krone is listed under Foreign Currency in dollars as 0.199271, compute the amount of U.S. dollars necessary to buy 100 Danish krone.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

canderson530

  • Sr. Member
  • ****
  • Posts: 317
Reply #1 on: Jun 24, 2018
Answer to Question 1

187.50 - 60 = 127.50 dollar markup
127.50  187.50 = 0.68 = 68 markup percent based on selling price

Answer to Question 2

19.93


TFauchery

  • Member
  • Posts: 500
Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review

atrochim

  • Member
  • Posts: 331
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

The rotifer, Brachionus calyciflorus, is a large predator that consumes the smaller algae, Chlorella The rotifer, Brachionus calyciflorus, is a large predator that consumes the smaller algae, Chlorella
Large-scale impacts of the (a) positive, and (b) negative phases of the North Atlantic Oscillation. Large-scale impacts of the (a) positive, and (b) negative phases of the North Atlantic Oscillation.
shelducks, genus Tadorna, are a group of large birds in the Tadorninae subfamily of the Anatidae shelducks, genus Tadorna, are a group of large birds in the Tadorninae subfamily of the Anatidae
The Very Large Array (VLA) The Very Large Array (VLA)
Oil Refineries Are Large and Complex Facilities Oil Refineries Are Large and Complex Facilities
Flow Patterns and Large-Scale Weather: The Steering of Midlatitude Cyclones Flow Patterns and Large-Scale Weather: The Steering of Midlatitude Cyclones
Video: Membrane Protein and Facilitated Transport (Passive Vs Active)

For a complete list of videos, visit our video library