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Author Question: How much should a retailer mark up his goods so that when he has a 50% off sale, the resulting ... (Read 101 times)

809779

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on: May 5, 2020

Question 1

A bond mutual fund grows by 5% in 2014 and by 10% in 2016. By approximately how much did the fund grow in 2015 so as to increase by a total of 40% during the three year period?
◦ 16%
◦ 21%
◦ 25%
◦ Too little information is given.
◦ 26%

Question 2

How much should a retailer mark up his goods so that when he has a 50% off sale, the resulting prices will still reflect a 75% markup (on his cost)?
◦ 500% (400% over cost)
◦ 125% (25% over cost)
◦ 250% (150% over cost)
◦ 350% (250% over cost)
◦ none of these
Excursions in Modern Mathematics ¦ Tannenbaum ¦ 9th Edition
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Marked as best answer by 809779 on May 5, 2020

Edwyer

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Reply #1 on: May 5, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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809779

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Reply 2 on: May 5, 2020
YES! Correct, THANKS for helping me on my review

mammy1697

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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