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Author Question: Spiros purchases a Rolex watch costing 10,600. State taxes are 4.5 and the federal excise tax is 11. ... (Read 72 times)

faduma

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on: Jun 24, 2018
Spiros purchases a Rolex watch costing 10,600. State taxes are 4.5 and the federal excise tax is 11. What is the total purchase price?
 A) 11,752
  B) 12,243
  C) 11,320
  D) 11,128

Question 2

A client just paid 40,500 for a diamond necklace. If the percent markup based on cost is 115, what was the cost?
 A) 17,635.71
  B) 18,837.21
  C) 37,237.76
  D) 35,217.39


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Yixagurpuldink

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

B

Answer to Question 2

B


faduma

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

blakcmamba

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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