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Answer:
B.
Mark-Up Price Dicounted Price
1. 18 102
2. 186 1,054
3. 2.63 14.88
4. 12.75 12.75
5. 3.30 18.70
C.
M P Rate discount Discount Net Price
1. 200 50% 100 100
2. 250 2% 5 245
3. 2,240 25% 560.00 1,680
4. 746.80 75% 560.10 186.7
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DISCOUNT
An amount of discount is a percent off the original price.
amount of discount=discount rate⋅original pricesale price=original price−discountamount of discount=discount rate⋅original pricesale price=original price−discount
The sale price should always be less than the original price. In some cases, the amount of discount is a fixed dollar amount. Then we just find the sale price by subtracting the amount of discount
Solve Mark-up Applications
Applications of mark-up are very common in retail settings. The price a retailer pays for an item is called the wholesale price. The retailer then adds a mark-up to the wholesale price to get the list price, the price he sells the item for. The mark-up is usually calculated as a percent of the wholesale price. The percent is called the mark-up rate. To determine the amount of mark-up, multiply the mark-up rate by the wholesale price. We summarize the mark-up model in the box below.
MARK-UP
The mark-up is the amount added to the wholesale price.
amount of mark-up=mark-up rate⋅wholesale pricelist price=wholesale price+mark upamount of mark-up=mark-up rate⋅wholesale pricelist price=wholesale price+mark up
The list price should always be more han
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