« previous next »

Author Question: Hagen Banse is a landscape contractor. He charges less for labor than other contractors, but he ... (Read 61 times)

nevelica

  • Hero Member
  • *****
  • Posts: 563
on: Jun 24, 2018
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
Reply #1 on: Jun 24, 2018
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
« previous next »
 

Did you know?

Famous people who died from poisoning or drug overdose include, Adolf Hitler, Socrates, Juan Ponce de Leon, Marilyn Monroe, Judy Garland, and John Belushi.

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

On November 11, 1887, four anarchists were hanged in Chicago on charges that they had thrown a bomb On November 11, 1887, four anarchists were hanged in Chicago on charges that they had thrown a bomb
This girl ran four spinning machines in a cotton mill in Whitnel, North Carolina. Only 4 feet, 3 inc This girl ran four spinning machines in a cotton mill in Whitnel, North Carolina. Only 4 feet, 3 inc
Magdalena Abakanowicz, Backs in Landscape. Magdalena Abakanowicz, Backs in Landscape.
Nicolas Poussin, Landscape with St. John on Patmos. Nicolas Poussin, Landscape with St. John on Patmos.
Electric Charges Electric Charges
Efficient Allocation of Labor between Sectors Efficient Allocation of Labor between Sectors
Video: Elementary kinetics

For a complete list of videos, visit our video library