« previous next »

Author Question: Magnifying glasses sell for 12.50 and are marked up 32 of the selling price. What is the cost of a ... (Read 60 times)

Pineappleeh

  • Hero Member
  • *****
  • Posts: 585
on: Jun 24, 2018
Magnifying glasses sell for 12.50 and are marked up 32 of the selling price. What is the cost of a magnifying glass?
 A) 4.00
  B) 6.25
  C) 7.75
  D) 8.50

Question 2

Which statement is correct to find the markup amount when the cost and selling price are known?
 A) The markup amount is the sum of the selling price and the cost.
  B) The markup amount is the difference between the selling price and the cost.
  C) The markup amount is the markup rate times the cost.
  D) The markup amount is the difference between the markup rate and 100.


nothere

  • Sr. Member
  • ****
  • Posts: 324
Reply #1 on: Jun 24, 2018
Answer to Question 1

D

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

Pineappleeh

  • Hero Member
  • *****
  • Posts: 585
Reply #2 on: Jun 24, 2018
Thank you :)


nothere

  • Sr. Member
  • ****
  • Posts: 324
Reply #3 on: Jun 24, 2018
Happy to help you


« previous next »
 

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

Refraction Through Uniform and Variable Thickness Glasses Refraction Through Uniform and Variable Thickness Glasses
Disposable thermometers with chemical dots. (A) Axillary thermometer (marked “AX”); (B) rectal ... Disposable thermometers with chemical dots. (A) Axillary thermometer (marked “AX”); (B) rectal ...
Cost of Copying for the Follower Country Cost of Copying for the Follower Country
Using a magnifying glass Using a magnifying glass
question in cost accounting question in cost accounting
Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in ... Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in ...
Video: Non-polar compounds - insolubility

For a complete list of videos, visit our video library