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Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
Edition 7ISBN: 978-1285448596Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
Edition 7ISBN: 978-1285448596 Exercise 83
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) 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) based on selling price?
Explanation
Verified
Verified
a)
For video game systems, VD uses
ma...
Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
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