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

Author Question: Near the city park, Wendi Haskell opened a bicycle shop where she rents and sells both mountain and ... (Read 291 times)

notis

  • Hero Member
  • *****
  • Posts: 596
on: Jun 24, 2018
Near the city park, Wendi Haskell opened a bicycle shop where she rents and sells both mountain and road racing bikes. Wendi buys her rental mountain bikes from a local manufacturer whose cost is 180 for each bike. If Wendi pays 315 for each bike, what is the manufacturer's markup percent based on its cost?

Question 2

If the U.S. dollar is valued at 0.199271 per Danish krone, how many dollars would a company pay to purchase merchandise from Denmark costing 70,148 Danish krone?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Ksh22

  • Sr. Member
  • ****
  • Posts: 297
Reply #1 on: Jun 24, 2018
Answer to Question 1

315 - 180 = 135 manufacturer's dollar markup;
135  180 = 0.75 = 75 markup percent based on cost

Answer to Question 2

13,978.46


notis

  • Hero Member
  • *****
  • Posts: 596
Reply #2 on: Jun 24, 2018
Thank you


Ksh22

  • Sr. Member
  • ****
  • Posts: 297
Reply #3 on: Jun 24, 2018
No problemo


« previous next »
 

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

Famous people who died from poisoning or drug overdose include, Adolf Hitler, Socrates, Juan Ponce de Leon, Marilyn Monroe, Judy Garland, and John Belushi.

Spotted hyenas greeting one another in Kruger National Park Spotted hyenas greeting one another in Kruger National Park
Bernese Mountain Dog Bernese Mountain Dog
African bush (savanna) elephant in Etosha National Park, Namibia. African bush (savanna) elephant in Etosha National Park, Namibia.
Aftermath of the 2005 Texas City Refinery Explosion Aftermath of the 2005 Texas City Refinery Explosion
Chimpanzee (Pan troglodytes), Gombe Stream National Park, Tanzania, Africa. Chimpanzee (Pan troglodytes), Gombe Stream National Park, Tanzania, Africa.
A Platypus swimming in Broken River, Eungella National Park, Queensland, Australia. A Platypus swimming in Broken River, Eungella National Park, Queensland, Australia.
Video: Secondary and tertiary levels of protein structure Animation

For a complete list of videos, visit our video library