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Author Question: Neale Burgraaf wants to purchase a halogen lamp for her office. Neale found one that is selling for ... (Read 89 times)

brutforce

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on: Jun 24, 2018
Neale Burgraaf wants to purchase a halogen lamp for her office. Neale found one that is selling for 250 . Through a friend, Neale learns that the dealer's cost of this lamp is 105.00 . Find the dealer's markup percent based on selling price.

Question 2

If the British pound is valued at 0.507949 per U.S. dollar, compute the value in U.S. currency of 7,00 . pounds.


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moormoney

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

250 - 105 = 145 dollar markup;
145  250 = 0.58 = 58 markup percent based on selling price

Answer to Question 2

13,780.91


brutforce

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Reply 2 on: Jun 24, 2018
Gracias!

AmberC1996

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

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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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