
Contemporary Mathematics for Business & Consumers 8th Edition by Robert Brechner,Geroge Bergeman
Edition 8ISBN: 978-1305585454
Contemporary Mathematics for Business & Consumers 8th Edition by Robert Brechner,Geroge Bergeman
Edition 8ISBN: 978-1305585454 Exercise 77
Solve the following Word Problems. Round dollars to the nearest cent and percents to the nearest tenth of a percent.
Video Depot uses a 40% markup based on selling price for its video game systems. On games and accessories, they use a 30% markup based on selling price. (See advertisement.)
a. What is the cost and the amount of the markup of the video game system
b. What is the cost and the amount of the markup of the Sports Package game
c. As a promotion this month, the manufacturer is offering its dealers a rebate of $5.50 for each additional remote sold. What is the cost and percent markup (rounded to the nearest tenth of a percent) based on selling price
Video Depot uses a 40% markup based on selling price for its video game systems. On games and accessories, they use a 30% markup based on selling price. (See advertisement.)
a. What is the cost and the amount of the markup of the video game system
b. What is the cost and the amount of the markup of the Sports Package game
c. As a promotion this month, the manufacturer is offering its dealers a rebate of $5.50 for each additional remote sold. What is the cost and percent markup (rounded to the nearest tenth of a percent) based on selling price
Explanation
a)
For video game systems, VD uses
ma...
Contemporary Mathematics for Business & Consumers 8th Edition by Robert Brechner,Geroge Bergeman
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