Quantitative Reasoning for Business, algebra homework help
1. Nineteen decorative enamel balls cost $12.89 each and are marked up $9.34
a. Find the selling price for each one.
b. Find the total amount of margin or markup for the 19 balls.
2. A lawn tractor that costs the retailer $595 is marked up 44% of the selling price.
a. Find the selling price.
b. Find the markup.
3. Paul’s Grocery received1,000 pounds of onions at $0.13 per pound. On the average, 4% of the onions will spoil before selling. Find the selling price per pound to obtain a markup rate of 180% based on cost.
4. A ladies’ suit selling for $140 is marked down 25% for a special promotion. It is later marked down 5% of the sale price. Since the suit still hasn’t sold, it is marked down to a price that is 75% off the original selling price. What are the two sale prices of the suit? What is the final selling price of the suit?
5. A scale drawing of an office building is not labeled, but indicates ½ inches = 4 feet. On the drawing, one wall measures 5 inches. How long is the actual wall?