ComputerScienceExpert

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About ComputerScienceExpert

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Expertise:
Applied Sciences,Calculus See all
Applied Sciences,Calculus,Chemistry,Computer Science,Environmental science,Information Systems,Science Hide all
Teaching Since: Apr 2017
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Questions Answered: 4870
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  • MBA IT, Mater in Science and Technology
    Devry
    Jul-1996 - Jul-2000

Experience

  • Professor
    Devry University
    Mar-2010 - Oct-2016

Category > Math Posted 22 Apr 2017 My Price 8.00

An item is originally priced to sell for $55

21) An item is originally priced to sell for $55 and is marked down 20%. A customer has a coupon for an additional

40%. What is the total percent reduction for this item? Give the net decimal equivalent and total percent

reduction.

A) 0.4; 60%

B) 0.48; 52%

C) 0.6; 40%

D) 0.52; 48%

Provide an appropriate response.

22) A markdown percent can be calculated by dividing the amount of markdown by the sale price.

A) True

B) False

23) Cost is equal to markup plus selling price.

A) True

 

B) False

 

Solve the problem.

  

 Solve the problem. Round to the nearest cent or tenth of a percent.

25) A 60.0% markup based on cost is equivalent to what percent based on selling price (retail)?

A) 62.5%

B) 66.7%

C) 33.3%

D) 37.5%

 

 

Answers

ComputerScienceExpert
(11)
Status NEW Posted 22 Apr 2017 07:04 AM My Price 8.00

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Attachments

file 1492846949-Solutions file 2.docx preview (51 words )
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