A merchant realizes a markup of $42 by selling an item at a markup of 37.5% of cost. The merchant's overhead expenses are 17.5% of the regular selling price. At a promotional sale, the item was reduced in price to $121.66.
(a) What is the regular selling price?
(b) What is the rate of markup based on the regular selling price?
(c) What is the rate of markdown?
(d) What is the profit or loss during the promotional sale?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “A merchant realizes a markup of $42 by selling an item at a markup of 37.5% of cost. The merchant's overhead expenses are 17.5% of the ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Me Jansen is building an ice rink in his backyard that will measure 8.4 meters by 22 meters what is the area of the rink
Answers (1)
Enrico buys 3/8 pound pf cheddar cheese and 4/8 pound of swiss cheese gow much cheese does enrico buy in all
Answers (2)
Factor the expression w^2-7w-8
Answers (1)
Which word best describes the degree of overlap between the two data sets? moderate none low high Two line plots with the same scale and interval, from zero to ten, with tick marks every one unit. The plots are stacked vertically for comparison.
Answers (2)
Find the domain of f (x) = - 4x + 2 for the range {-5, 2, 6, 18).
Answers (1)
New Questions in Mathematics
Han wants to buy a $30 ticket to a game, but the pre-order tickets are sold out. He knows there will be more tickets sold the day of the game, with a markup of 200%. How much should Han expect to pay for the ticket if he buys it the day Of the game?
Answers (1)
Find (f*f) (x) for the function f (x) = 8x+9 and simplify
Answers (2)
What is the range of f (x) = (3/4) ^x - 4 a. y b. y c. y d. y/4
Answers (1)
The sides of a quadrilateral are x, x+3, x+4, x+5. it's perimeter is 52, find the lengths of the sides
Answers (1)
Scm> (define (square x) ( * x x)) square scm> (define (add-one x) ( + x 1)) add-one scm> (define (double x) ( * x 2)) double scm> (define composed (compose-all (list double square add-one))) composed scm> (composed 1) 5 scm> (composed 2) 17
Answers (1)