math work due in 20 hours

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mathques.docx

1.

[–/2 Points]DETAILSBRECMBC9 8.I.002.

MY NOTES

ASK YOUR TEACHER

Calculate the missing information. Round dollars to the nearest cent and percents to the nearest tenth of a percent.

Item

Cost

Amount of Markup

Selling price

Percent Markup Based on Cost

Bookcase

$41.40

$24.50

 %

2.

[–/2 Points]DETAILSBRECMBC9 8.I.006.

MY NOTES

ASK YOUR TEACHER

Calculate the missing information. Round dollars to the nearest cent and percents to the nearest tenth of a percent.

Item

Cost

Amount of Markup

Selling price

Percent Markup Based on Cost

Hat

$32.75

$40.00

 %

3.

[–/1 Points]DETAILSBRECMBC9 8.I.021.MI.

MY NOTES

ASK YOUR TEACHER

A customer just paid $66.74 for a raincoat. If the percent markup based on cost is 42%, what was the cost (in $)?

4.

[1/1 Points]DETAILSPREVIOUS ANSWERSBRECMBC9 8.I.TB.004.

MY NOTES

ASK YOUR TEACHER

Find the markup on a computer system that sells for $2,385.90 but costs $1,749.95.

$635.95$1,749.95    $2,385.90$4,135.85

5.

[1/1 Points]DETAILSPREVIOUS ANSWERSBRECMBC9 8.I.TB.007.

MY NOTES

ASK YOUR TEACHER

If a mountain bike originally cost the retailer $349.95, how much will a customer have to pay for it, if it is marked up by $95.50?

$248.96$254.45    $445.45$473.25

6.

[0/1 Points]DETAILSPREVIOUS ANSWERSBRECMBC9 8.I.TB.018.

MY NOTES

ASK YOUR TEACHER

A desktop computer costs a company $335.42 to manufacture. If it sells for $857, what is the percent markup based on cost? (Round to the nearest whole percent.)

39%61%    125%156%

7.

[–/1 Points]DETAILSBRECMBC9 8.II.018.MI.

MY NOTES

ASK YOUR TEACHER

The markup on a video game is 35% of the sale price. If the video game sells for $76.92, what was the cost (in $)? (Round your answer to the nearest cent.)

8.

[1/1 Points]DETAILSPREVIOUS ANSWERSBRECMBC9 8.II.TB.008.

MY NOTES

ASK YOUR TEACHER

It costs $1,530 to manufacture a violin. If the violin sells for $1,945, what is the percent markup based on selling price? (Round to the nearest whole percent.)

21%27%    31%79%Correct: Your answer is correct.

9.

[1/4 Points]DETAILSPREVIOUS ANSWERSBRECMBC9 8.III.024.

MY NOTES

ASK YOUR TEACHER

You are the manager of World Wide Athlete, a chain of six sporting goods shops in your area. The shops sell 15 racing bikes per week at a retail price of $659.99. Recently, you put the bikes on sale at $599.99. At the sale price, 18 bikes were sold during the one week sale.

(a)

What was your markdown percent on the bikes? (Round your answer to one decimal place.)

 %

(b)

What is the percent increase in number of bikes sold during the sale?

 %

(c)

How much more revenue (in $) would be earned in 6 months by permanently selling the bikes at the lower price rather than having a 1 week sale each month? (6 sale weeks in 26 weeks.)

$  more revenue

(d)

As manager of World Wide Athlete, would you recommend this permanent price reduction? Explain. (Just consider revenue, ignore cost.)

Yes, permanent markdown increases revenue significantly.No, permanent markdown decreases revenue significantly.    No, permanent markdown does not change revenue.

1.

[–/6 Points]DETAILSBRECMBC9 8.I.014.MI.SA.

MY NOTES

ASK YOUR TEACHER

PRACTICE ANOTHER

This question has several parts that must be completed sequentially. If you skip a part of the question, you will not receive any points for the skipped part, and you will not be able to come back to the skipped part.

Tutorial Exercise

A wholesaler sells a guitar for $1,210.40. What is the percent markup based on cost if the wholesaler paid $680 for the guitar?

Need Help? Read It Watch It

2.

[–/2 Points]DETAILSBRECMBC9 8.I.002.

MY NOTES

ASK YOUR TEACHER

PRACTICE ANOTHER

Calculate the missing information. Round dollars to the nearest cent and percents to the nearest tenth of a percent.

Item

Cost

Amount of Markup

Selling price

Percent Markup Based on Cost

Bookcase

$41.40

$24.50

 %

Need Help? Read It

3.

[–/2 Points]DETAILSBRECMBC9 8.I.004.

MY NOTES

ASK YOUR TEACHER

PRACTICE ANOTHER

Calculate the missing information. Round dollars to the nearest cent and percents to the nearest tenth of a percent.

Item

Cost

Amount of Markup

Selling price

Percent Markup Based on Cost

Dress

$95.00

80%

Need Help? Read It

4.

[–/2 Points]DETAILSBRECMBC9 8.I.008.

MY NOTES

ASK YOUR TEACHER

PRACTICE ANOTHER

Calculate the missing information. Round dollars to the nearest cent and percents to the nearest tenth of a percent.

Item

Cost

Amount of Markup

Selling price

Percent Markup Based on Cost

Treadmill

$970.00

$2,325.00

 %

Need Help? Read It

5.

[–/1 Points]DETAILSBRECMBC9 8.I.012.

MY NOTES

ASK YOUR TEACHER

PRACTICE ANOTHER

A clothing store sells scarves for $18.95. If the cost per scarf is $11.50, what is the amount of the markup (in $)?

Need Help? Read It

6.

[–/4 Points]DETAILSBRECMBC9 8.I.019.MI.SA.

MY NOTES

ASK YOUR TEACHER

PRACTICE ANOTHER

This question has several parts that must be completed sequentially. If you skip a part of the question, you will not receive any points for the skipped part, and you will not be able to come back to the skipped part.

Tutorial Exercise

A wholesaler requires a markup of 35% based on cost for merchandise sold. What should the selling price of a watch be if each watch costs $90?

Need Help? Read It Watch It

7.

[–/1 Points]DETAILSBRECMBC9 8.I.021.MI.

MY NOTES

ASK YOUR TEACHER

PRACTICE ANOTHER

A customer just paid $69.56 for a raincoat. If the percent markup based on cost is 48%, what was the cost (in $)?

Need Help? Read It Watch It Master It

8.

[–/10 Points]DETAILSBRECMBC9 8.III.019.MI.SA.

MY NOTES

ASK YOUR TEACHER

PRACTICE ANOTHER

This question has several parts that must be completed sequentially. If you skip a part of the question, you will not receive any points for the skipped part, and you will not be able to come back to the skipped part.

Tutorial Exercise

The wholesale cost of a birdcage is $55. The original markup was 47% based on selling price. Find the final sale price (in $) after the following series of price changes: a markdown of 15% and a markup of 14%. (Round each intermediate selling price to the nearest cent.)

Need Help? Read It Watch It

9.

[1/1 Points]DETAILSPREVIOUS ANSWERSBRECMBC9 8.III.TB.015.

MY NOTES

ASK YOUR TEACHER

PRACTICE ANOTHER

The wholesale cost of a Digital Sound system is $1,650. The original markup was 62% based on selling price. Find the final sale price after the following series of price changes: a markup of 16%, a markup of 45%, and a markdown of 30%. (Round each intermediate selling price to the nearest cent.)

$3,147.19$3,601.35    $5,036.85$5,112.40

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