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

Author Question: The markup amount on a bicycle is 48, which is a 30 markup based on cost. What is the cost of the ... (Read 96 times)

anjilletteb

  • Hero Member
  • *****
  • Posts: 569
on: Jun 24, 2018
The markup amount on a bicycle is 48, which is a 30 markup based on cost. What is the cost of the bicycle?

Question 2

A company buys swing sets for 1,500 and sells them at a markup rate of 40. What is the markup amount?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

duy1981999

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jun 24, 2018
Answer to Question 1

160;
Divide the markup amount by the markup rate. 48  0.3 = 160

Answer to Question 2

600;
Multiply the cost by the rate. 1,500  0.4 = 600


anjilletteb

  • Member
  • Posts: 569
Reply 2 on: Jun 24, 2018
Excellent

Chelseyj.hasty

  • Member
  • Posts: 319
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

How Orbital Eccentricity Changes the Amount of Solar Radiation Earth Receives How Orbital Eccentricity Changes the Amount of Solar Radiation Earth Receives
Students rated their grandparents on a scale from 1 to 4 based on emotional closeness, time spent ... Students rated their grandparents on a scale from 1 to 4 based on emotional closeness, time spent ...
Typical Startup Cost Categories Cont. Typical Startup Cost Categories Cont.
Infant and Toddler Development and Responsive Program Planning: A Relationship-Based Approach Infant and Toddler Development and Responsive Program Planning: A Relationship-Based Approach
When operating your own business, it is wise to know your cost of capital and that of the ... When operating your own business, it is wise to know your cost of capital and that of the ...
The identification of clades based on morphological characters The identification of clades based on morphological characters
Video: Gas exchange - driving force

For a complete list of videos, visit our video library