Anderson Hall sold his own car to a travel agent, for business ...

[eruditmonkey@yahoo.com]

Anderson Hall sold his own car to a travel agent, for business purpose. The car had a cost of 15,280 and Hall sold it for 16,884 . Compute the dollar markup.

Question 2

An Australian firm exported manufactured electronic components to the United States valued at 54,800 Australian dollars. The exchange rate for Australian dollars was 0.903497 per U.S. dollar. What was the amount of U.S. dollars the exporter received?

[elizabethrperez]

Answer to Question 1

16,884 - 15,280 = 1,604 dollar markup

Answer to Question 2

60,653.22

[eruditmonkey@yahoo.com]

Thanks for the timely response, appreciate it

[juliaf]

Wow, this really help