MAr nz2 mmewos Chapter x course ione > C 0 https//www webasonnetmetestudentAssom

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MAr nz2 mmewos Chapter x course ione > C 0 https//www webasonnetmetestudentAssomentamponensubntaepieno ehaay Use the markup equation s C+ C, where S is the seling price, C is the cost, and r is the markup rate. Aset of golf dhs costing $520 is sold for $910, nd the rnarkup rate on the set of gordb. Noed Help? Use the markup equation S·C+rC·where S " the seling pee, Cas the cost, ond , a the markup rate. Amarkup rate of 20% is used on "nedia oereer that has a sening price of $1920.00, Fird the cost or the comp ter. Need Help? Tahwtr Soivo use the discount equation S-R-rR, where S is "n sale peke, K·s the regular pree, and ra the acount rate. A lugpage set with a regular price of $1 52 is on sale for 6. 16.nd the disccunt rate Need Help? 20 3 4 6 9

Explanation / Answer

1.We have S = C+rC, where S is the selling price, C is the cost and r is the markup rate. Here S = $910 and C = $ 520 so that 910= 520+r*520 or, 520r = 910-520 = 390. Hence r = 390/520 = ¾ = (3/4)*100 % = 75 %. Thus, the markup rate on the set of golf clubs is 75 %.

2. Here, r = 20 % = 20/100 = 0.2, and S = $ 1920. Therefore, 1920 = C +0.2C = 1.2C. Hence C = 1920/1.2 = $ 1600. Thus, the cost of the computer is $ 1600.

3.Here, C = $ 152, and S = $ 46.16. Then 40.16 = 152+152r or, 152r = 40.16-152 = -111.84 so that r = -111.84/152 = -(111.84/152)*100 % = -73.58%. Thus the discount rate is 73.58%.

Note:

The image of the 3rd question is very faint. The selling price of the luggage set has been assumed to be $ 40.16. If this figure is different, please plug in the correct figure and compute.

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