This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: As a source of income after retirement, Ian Donnelly sells an assortment of hard-to-find, specialty ... (Read 53 times)

washai

  • Hero Member
  • *****
  • Posts: 523
on: Jun 24, 2018
As a source of income after retirement, Ian Donnelly sells an assortment of hard-to-find, specialty hardware items out of his home. Ian buys a pair of small ratchet-style pruning clippers for 15 each and sells them for 45 each. What is the markup percent based on selling price?

Question 2

If the euro is valued at 1.4851 in U.S. dollars, compute the value in U.S. currency of 5,00 . euro.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

smrtceo

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jun 24, 2018
Answer to Question 1

45 - 15 = 30 dollar markup;
30  45 = 0.667 = 66.7 markup percent based on selling price

Answer to Question 2

7,425.50


washai

  • Member
  • Posts: 523
Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)

kalskdjl1212

  • Member
  • Posts: 353
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Independent Assortment Independent Assortment
Independent Assortment p2 Independent Assortment p2
Global Stratification: Income of the World's Nations Global Stratification: Income of the World's Nations
The More Things Change, The More They Say the Same: Dividing the Nation's Income The More Things Change, The More They Say the Same: Dividing the Nation's Income
Ten Leading Causes of Death in Low-Income Countries, 2008 Ten Leading Causes of Death in Low-Income Countries, 2008
How to use right endpoints to find an expression showing the area of a function How to use right endpoints to find an expression showing the area of a function
Video: Introduction to Sickle Cell Anemia

For a complete list of videos, visit our video library