Author Question: Magnifying glasses sell for 12.50 and are marked up 32 of the selling price. What is the cost of a ... (Read 103 times)

Pineappleeh

  • Hero Member
  • *****
  • Posts: 585
Magnifying glasses sell for 12.50 and are marked up 32 of the selling price. What is the cost of a magnifying glass?
 A) 4.00
  B) 6.25
  C) 7.75
  D) 8.50

Question 2

Which statement is correct to find the markup amount when the cost and selling price are known?
 A) The markup amount is the sum of the selling price and the cost.
  B) The markup amount is the difference between the selling price and the cost.
  C) The markup amount is the markup rate times the cost.
  D) The markup amount is the difference between the markup rate and 100.



nothere

  • Sr. Member
  • ****
  • Posts: 324
Answer to Question 1

D

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

Cyanide works by making the human body unable to use oxygen.

For a complete list of videos, visit our video library