Not sure if these are correct BUSINESS MATH Exam 4-Continued Student\'s Name 14.
ID: 2602280 • Letter: N
Question
Not sure if these are correct
BUSINESS MATH Exam 4-Continued Student's Name 14. Doris owns a lunch cafe. Every morning she marks down the day-old baked goods from theST Student Number regular selling price of $4.49 to a sale price of $2.29. What is the markdown rale 15. Maude is opening an amusement park. On a special preview night she invites 1,200 guests pp -598 to explkore the park. In the follow-up sarvey, 972 people said they would visit the park ngain. e arket of amusement park lovers living within 180 miles of the parkis The estimated m 920,000 people, and the the annual sales potential for average parck-goer visits amusement parks twice each year What is tickets to Maude's 16. Lionel, the owner of Red Blazer Used Trailers, determines his company made $456,000 pp. 99-600 in local sales last year. His competitors made sales of the following amounts: $200,000; $900,000: $399,000; and $848,000. Additionally, trailer owners made their own sales of $97,000. What was Red Blazer Used Trailer's market share last year? Hint: Remember Red Blazer's sales are part of the lotal marker sales. 2328A (over) 31Explanation / Answer
Question no:14 regular selling price $4.49 reduced Price $2.29 reduction in sale price $2.20 mark down rate = reduction in sale price / regular sale price *100 =$2.20/$4.49 *100 =0.4899 =48.99% =49% Question no:15 Persentage of guests Interested in visiting park =972/1200 =0.81 =81% Sales potential for tickets to maude amusement park = Total people * number of visits * persentage of Guests Interested in Visiting the park Annual Sales potential for tickets to maude amusement park =1,920,000*2 *81% =3,110,400
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