Concept explainers
Solve the following word problems. Round dollars to the nearest cent and percents to the nearest tenth of a percent.
You are the manager of The Camera Connection. Use the advertisement for your store to answer the following questions.
a. If the Power Shooter 1800 is marked up by $58.50, what is the cost and what is the percent markup based on cost?
b. If the Cyber Shooter 2400 has a cost of $88.00, what are the amount of the markup and the percent markup based on cost?
c. Which camera is more “profitable” to the store? Why?
d. What other factors should be considered in determining profitability?
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Chapter 8 Solutions
Bundle: Contemporary Mathematics For Business & Consumers, Loose-leaf Version, 8th + Cengagenow, 1 Term (6 Months) Printed Access Card
- Holt Mcdougal Larson Pre-algebra: Student Edition...AlgebraISBN:9780547587776Author:HOLT MCDOUGALPublisher:HOLT MCDOUGALAlgebra: Structure And Method, Book 1AlgebraISBN:9780395977224Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. ColePublisher:McDougal Littell