After the markup of 25% on sales a watch is sold for Rs.1250 , what is its cost?
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After the markup of 25% on sales a watch is sold for Rs.1250 , what is its cost?
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- Ace Hardware buys brushes at a wholesale price of PhP 380 each. If the selling price is PhP 627, what is the markup rate?Macy's Design has daily sales of $42,000. The financial management team has determined that a lockbox would reduce the collection time by 1.2 days. Assuming the company can earn 7.9 percent interest per year, what are the savings from the lockbox? (Round answer to 2 decimal places, e.g. 12.25.)If $1 million face amount of commercial paper(270 day paper) is sold for $982,500, what is the simple rate of interest paid? What is the compound annual rate?
- A company charges a customer $50 at the end of each month, and its cost per customer is $10 per month. The acquisition cost is $200. After how many months will the company start making profits assuming zero percent discount rate? 5 10 4 20 125% of the price of a living room furniture is paid with a document with a face value of $4,000 and expiration in 30 days. 30% is settled through a payment within 60 days, another 30% with a document within 90 days of the purchase and the remaining 15% is left as an advance payment. Obtain a) The price of the furniture. b) The advance payment and the other two payments. c) The total interest charge. Assume that the furniture store charges 22.20% annually compounded by months on its credit sales.A manufacturing company invests at a 3% interest rate in a 100-day treasury bill with a face value of 2M. The service charge costs 1,500. Compute for the cost of the treasury bill.
