
Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
Edition 12ISBN: 978-0132605540
Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
Edition 12ISBN: 978-0132605540 Exercise 150
Solve each of the following application problems. Round rates to the nearest tenth of a percent and dollar amounts to the nearest cent.
SPORTSWEAR Olympic Sports buys 2000 baseball caps at $5.00 per hat. If a markup of 50% on selling price is needed and 5% of the caps are damaged and cannot be sold, what is the selling price of each cap?
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SPORTSWEAR Olympic Sports buys 2000 baseball caps at $5.00 per hat. If a markup of 50% on selling price is needed and 5% of the caps are damaged and cannot be sold, what is the selling price of each cap?
_____
Explanation
To find the selling price that is requir...
Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
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