S. Jones of San Diego sold Smith of Boston a video system n/30 FOB San Diego. Jo
ID: 2406262 • Letter: S
Question
S. Jones of San Diego sold Smith of Boston a video system n/30 FOB San Diego. Jones agreed the discount period and pays back the freight owed, what with a $6,000 list price. Sale t terms to prepay the $35 freight. Assuming Smith pays the invoce does Smith pay lones? markup based on cost? Round up is based on cost. If the cost of a bike is $75 and sells for $110, what is the percent f to nearest hundredth percent. 1IO 7. Camille sells lamps for $98.00 that cost her $60.00. What was Camille's percent of markup based on the selling price? Round to nearest hundredth percent. Convert a 30% markup percent on cost to markup percent on selling price. Round to nearest hundredth percent. 8. 9. Calculate the final selling price to nearest cent Original Final 1st 2nd Price Markdown Markdown Markup Markdown $5,000 Selling 4% 5% 8% 12%Explanation / Answer
Sorry dear que 5 is not readable so I will answer remains que please put que 5 in comment if possible
Answer 6) % of mark up on cost
Profit = 110-75 = 35
Mark up on
cost 35/75 = 46.67%
Answer 7)
Profit = 98-60 = 38
Mark up = 38/98 = 38.78%
Answerr) 8) assume cost 100
So mark up 30
Selling price. 130
Mark up on sale 30/130= 23.08%
Answer 9)
S.p 5000
Less markdown(12%) 600
4400
Less markdown (8%). 352
4048
Mark up (4%). 162
4210
Mark down (5%) 210.5
Final selling price 4000
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