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Author Question: Compare the markup based on cost with the markup based on the selling price of a lamp that costs 32, ... (Read 143 times)

haleyc112

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on: Jun 24, 2018
Compare the markup based on cost with the markup based on the selling price of a lamp that costs 32, with a 30 markup. Find the difference in selling prices between the two markup methods.
 a. 4.11
 
  b. 5.30
 
  c. 3.95
 
  d. 6.24

Question 2

When we solve a linear programming problem with Solver, we cannot guarantee that the solution obtained is an optimal solution.
 a. True
  b. False
   Indicate whether the statement is true or false


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smrtceo

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

a

Answer to Question 2

FALSE


haleyc112

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

billybob123

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Reply 3 on: Yesterday
:D TYSM

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Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price. Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price.
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