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Author Question: Brad Pham works as a department manager in a computer products store. One particular fax machine ... (Read 49 times)

olgavictoria

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on: Jun 24, 2018
Brad Pham works as a department manager in a computer products store. One particular fax machine sells for 212.40 . Management told Pham that the markup on this fax machine was 45 based on selling price. Calculate the cost of the machine.

Question 2

If the British pound is valued at 0.507949 per U.S. dollar, compute the amount of pounds one could purchase for 500 in U.S. currency. (Round answer to two decimal places.)


LP

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Reply #1 on: Jun 24, 2018
Answer to Question 1

100 . - 45 = 55; 55  212.40 = 116.82 cost
Alternate Solution: 45  212.40 = 95.58 dollar markup;

212.40 - 95.58 = 116.82 cost

Answer to Question 2

253.97 pounds


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