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 264 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?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Tropical deciduous forest in Bandhavgarh National Park, India Tropical deciduous forest in Bandhavgarh National Park, India
Wombat in Narawntapu National Park, Tasmania Wombat in Narawntapu National Park, Tasmania
A mandarin duck swimming in Shepreth Wildlife Park A mandarin duck swimming in Shepreth Wildlife Park
Working and Living and Playing in the City Dump of Phnom Penh, Cambodia Working and Living and Playing in the City Dump of Phnom Penh, Cambodia
Mountain Glaciers Mountain Glaciers
Video: Major Elements in Biological Molecules: Lipids

For a complete list of videos, visit our video library