Mountain Jewellers purchased 72 diamond bracelets at $250 each and the regular selling price was $335. The store sold 50.00% of them at the regular selling price. During a sale, it sold another 25 of them at a markdown of 15.00%. The remaining were sold at an additional markdown of 10.00%. a. What was the total cost? Round to the nearest cent b. What was the first reduced selling price? Round to he nearest cent c. What was the second reduced selling price? Round to the nearest cent d. What was the total sales? Round to the nearestce e. What was the net rate ofmarkup based on total cost? Round lo we derimaplac

Elementary Algebra
17th Edition
ISBN:9780998625713
Author:Lynn Marecek, MaryAnne Anthony-Smith
Publisher:Lynn Marecek, MaryAnne Anthony-Smith
Chapter3: Math Models
Section: Chapter Questions
Problem 429PT: Humberto’s hourly pay increased from $16.25 to $17.55. Find the percent increase.
icon
Related questions
Question
Mountain Jewellers purchased 72 diamond bracelets at $250 each and the regular
selling price was $335. The store sold 50.00% of them at the regular selling price.
During a sale, it sold another 25 of them at a markdown of 15.00%. The remaining units
were sold at an additional markdown of 10.00%.
a. What was the total cost?
Round to the nearest cent
b. What was the first reduced selling price?
Round to he nearest cent
c. What was the second reduced selling price?
Round to the nearest cent
d. What was the total sales?
Round to the nearestce
e. Whar was the net rate ofmarkup based on total cost
Round to we derima places
Transcribed Image Text:Mountain Jewellers purchased 72 diamond bracelets at $250 each and the regular selling price was $335. The store sold 50.00% of them at the regular selling price. During a sale, it sold another 25 of them at a markdown of 15.00%. The remaining units were sold at an additional markdown of 10.00%. a. What was the total cost? Round to the nearest cent b. What was the first reduced selling price? Round to he nearest cent c. What was the second reduced selling price? Round to the nearest cent d. What was the total sales? Round to the nearestce e. Whar was the net rate ofmarkup based on total cost Round to we derima places
Expert Solution
steps

Step by step

Solved in 7 steps

Blurred answer
Recommended textbooks for you
Elementary Algebra
Elementary Algebra
Algebra
ISBN:
9780998625713
Author:
Lynn Marecek, MaryAnne Anthony-Smith
Publisher:
OpenStax - Rice University
Algebra: Structure And Method, Book 1
Algebra: Structure And Method, Book 1
Algebra
ISBN:
9780395977224
Author:
Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:
McDougal Littell