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 104 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
Gracias!


bimper21

  • Member
  • Posts: 309
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

For a complete list of videos, visit our video library