You are the manager of a camera store. Use the advertisement to answer the questions. (Round dollars to the nearest cent and percents to the nearest tenth of a percent.) -$129.99- PowerShooter 1800 $199.99= CyberShooter 2400 (a) If the PowerShooter 1800 is marked up by $69.50, what is the cost (in $) and what is the percent markup based on cost? cost percent markup based on cost (b) If the CyberShooter 2400 has a cost of $78.00, what are the amount of the markup (in $) and the percent markup based on cost? amount of the markup percent markup based on cost % (c) Which camera is more "profitable" to the store? Why? O The CyberShooter 2400 is more profitable to the store because it has a lower percent markup. O The PowerShooter 1800 is more profitable to the store because it has a lower percent markup. O The CyberShooter 2400 is more profitable to the store because it has a higher percent markup. O The PowerShooter 1800 is more profitable to the store because it has a higher percent markup.

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section7.5: Percent Of Change
Problem 14E
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You are the manager of a camera store. Use the advertisement to answer the questions. (Round dollars to the nearest cent and percents to the nearest tenth of a percent.)
$129.99
PowerShooter 1800
$199.99
CyberShooter 2400
(a) If the PowerShooter 1800 is marked up by $69.50, what is the cost (in $) and what is the percent markup based on cost?
cost
percent markup based on cost
(b) If the CyberShooter 2400 has a cost of $78.00, what are the amount of the markup (in $) and the percent markup based on cost?
amount of the markup
percent markup based on cost
%
(c) Which camera is more "profitable" to the store? Why?
O The CyberShooter 2400 is more profitable to the store because it has a lower percent markup.
O The PowerShooter 1800 is more profitable to the store because it has a lower percent markup.
O The CyberShooter 2400 is more profitable to the store because it has a higher percent markup.
O The PowerShooter 1800 is more profitable to the store because it has a higher percent markup.
(d) What other factors should be considered in determining profitability?
Transcribed Image Text:You are the manager of a camera store. Use the advertisement to answer the questions. (Round dollars to the nearest cent and percents to the nearest tenth of a percent.) $129.99 PowerShooter 1800 $199.99 CyberShooter 2400 (a) If the PowerShooter 1800 is marked up by $69.50, what is the cost (in $) and what is the percent markup based on cost? cost percent markup based on cost (b) If the CyberShooter 2400 has a cost of $78.00, what are the amount of the markup (in $) and the percent markup based on cost? amount of the markup percent markup based on cost % (c) Which camera is more "profitable" to the store? Why? O The CyberShooter 2400 is more profitable to the store because it has a lower percent markup. O The PowerShooter 1800 is more profitable to the store because it has a lower percent markup. O The CyberShooter 2400 is more profitable to the store because it has a higher percent markup. O The PowerShooter 1800 is more profitable to the store because it has a higher percent markup. (d) What other factors should be considered in determining profitability?
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