Author Question: Hagen Banse is a landscape contractor. He charges less for labor than other contractors, but he ... (Read 42 times)

nevelica

  • Hero Member
  • *****
  • Posts: 563
Hagen Banse is a landscape contractor. He charges less for labor than other contractors, but he charges his clients the retail price for a plant while he pays only a wholesale price. Hagen charges a client 450 for an olive tree that only costs him 250 . What is the markup percent based on cost?

Question 2

If the Brazilian real is valued at 1.7438 per U.S. dollar, compute the amount of Brazilian reals one could purchase for 100 in U.S. currency.



bd5255

  • Sr. Member
  • ****
  • Posts: 386
Answer to Question 1

450 - 250 = 200 dollar markup
200  250 = 0.8 = 80 markup percent based on cost

Answer to Question 2

174.38 Brazilian reals



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

For a complete list of videos, visit our video library