   Chapter 8, Problem 3AT ### Contemporary Mathematics for Busin...

8th Edition
Robert Brechner + 1 other
ISBN: 9781305585447

#### Solutions

Chapter
Section ### Contemporary Mathematics for Busin...

8th Edition
Robert Brechner + 1 other
ISBN: 9781305585447
Textbook Problem

# Solve the following word problems. Round dollars to the nearest cent and percents to the nearest tenth of a percent.After Sunset Food Wholesalers adds a markup of $15.40 to a case of tomato sauce, it sells for$33.98. What is the wholesaler’s cost per case?

To determine

To calculate: The cost price of Sunset Food Wholesalers for given, the amount of markup $15.40 and selling price$33.98.

Explanation

Given Information:

The amount of markup is $15.40 and selling price is$33.98.

Formula used:

The cost can be calculated using the following equation:

Cost=Selling PriceMarkup or C=SPM

Calculation:

Consider the provided data,

Selling Price $33.98, and Markup$15.40

Let, the selling price represent as SP, markup price represent M and cost price represents as C.

Markup price M is $15.40, and selling price SP is$33

### Still sussing out bartleby?

Check out a sample textbook solution.

See a sample solution

#### The Solution to Your Study Problems

Bartleby provides explanations to thousands of textbook problems written by our experts, many with advanced degrees!

Get Started

#### Find the exponential function f(x) = Cb2 whose graph is given.

Single Variable Calculus: Early Transcendentals, Volume I

#### Convert the expressions in Exercises 6584 to power form. x3

Finite Mathematics and Applied Calculus (MindTap Course List)

#### True or False: 23xdx is an improper integral.

Study Guide for Stewart's Single Variable Calculus: Early Transcendentals, 8th

#### True or False: is a convergent series.

Study Guide for Stewart's Multivariable Calculus, 8th 