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Author Question: Sonny Fujito sells machine shop equipment. One customer was interested in a 4-speed, metal-cutting, ... (Read 50 times)

bobypop

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on: Jun 24, 2018
Sonny Fujito sells machine shop equipment. One customer was interested in a 4-speed, metal-cutting, horizontal band saw, without motor. This particular band saw cost 2,464 . If Sonny sold the saw for 4,004, what was the percent markup percent based on cost?

Question 2

If the Brazilian real is valued at 1.7438 per U.S. dollar, compute the value in U.S. currency of 5,00 . Brazilian reals.


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rnehls

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

4,00 . - 2,464 = 1,540 dollar markup;
1,540  2,464 = 0.625 = 62.5 markup percent based on cost

Answer to Question 2

2,867.30 in U.S. dollars


bobypop

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Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)

kthug

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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