Author Question: Mario's Wholesale Pastas sells pasta to restaurants. Mario buys from a company that offers a 40 ... (Read 779 times)

crazycityslicker · **on:** Jun 24, 2018

Mario's Wholesale Pastas sells pasta to restaurants. Mario buys from a company that offers a 40 trade discount. Mario sells to his retail customers at a 25 discount. One type of pasta lists for 17.80 for 20 pounds. What is Mario's profit on this item?

Question 2

The ______________ of each discount in the series discount 10/15/20 is 0.9, 0.85, and 0.8.
Fill in the blank(s) with correct word

robbielu01 · **Reply #1 on:** Jun 24, 2018

Answer to Question 1

2.67;
List price is 17.80; Mario pays 17.80 0.4 = 7.12; 17.80 - 7.12 = 10.68;
17.80 0.25 = 4.45; 17.80 - 4.45 = 13.35; Mario pays 10.68 and sells for 13.35, so his profit is 13.35 - 10.68 = 2.67.

Answer to Question 2

complement