This topic contains a solution. Click here to go to the answer

Author Question: As a source of income after retirement, Ian Donnelly sells an assortment of hard-to-find, specialty ... (Read 92 times)

washai

  • Hero Member
  • *****
  • Posts: 523
As a source of income after retirement, Ian Donnelly sells an assortment of hard-to-find, specialty hardware items out of his home. Ian buys a pair of small ratchet-style pruning clippers for 15 each and sells them for 45 each. What is the markup percent based on selling price?

Question 2

If the euro is valued at 1.4851 in U.S. dollars, compute the value in U.S. currency of 5,00 . euro.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

smrtceo

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

45 - 15 = 30 dollar markup;
30  45 = 0.667 = 66.7 markup percent based on selling price

Answer to Question 2

7,425.50




washai

  • Member
  • Posts: 523
Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review


anyusername12131

  • Member
  • Posts: 327
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

For a complete list of videos, visit our video library