Answered: John, Peter and Jesus are partners in a…

Mathematics For Machine Technology

8th Edition

ISBN:9781337798310

Author:Peterson, John.

Publisher:Peterson, John.

Chapter24: Percent Practical Applications

Section: Chapter Questions

Problem 36A: The cost of one dozen cutters is listed as $525. A multiple discount of 12% and 8% is applied to the...

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Similar questions

The top three countries in oil consumption in a certain year are as follows: the United States, Japan, and China. In millions of barrels per day, the three top countries consumed 39.8% of the world's consumed oil. The United States consumed 0.7% more than four times China's consumption. The United States consumed 5% more than triple Japan's consumption. What percent of the world oil consumption did the United States, Japan, and China consume?[27]
The cost of one dozen cutters is listed as $525. A multiple discount of 12% and 8% is applied to the purchase. Determine the net (selling) price of the cutters.
Parent Volunteer Laurie was completing the treasurer’s report for her son’s Boy Scout troop at the end of the school year. She didn’t remember how many boys had paid the $24 full-year registration fee and how many had paid a $16 partial-year fee. She knew that the number of boys who paid for a full-year was ten more than the number who paid for a partial-year. If $400 was collected for all the registrations, how many boys had paid the full-year fee and how many had paid the partial-year fee?

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John, Peter and Jesus are partners in a business and agree to divide the profits equally. John invests $5,500.00, Peter $3,500.00 and Jesus $1,000.00. The profits for the 1st year are $3,000.00. How much less money does John receive than if the profits had been divided according to the investment?