Reference no: EM133174479
Questions -
Q1-Belts cost ?$5 and sell with a markup of ?$2.86. Find the selling price of the belts.
Q2-A serving tray costs ?$1,432 and sells for ?$2,030.
a. Find the rate of markup based on cost.
b. Find the rate of markup based on selling price.
Q3-A? ladies' suit selling for ?$130 is marked down 25?% for a special promotion. It is later marked down 15?% of the sale price. Since the suit still? hasn't sold, it is marked down to a price that is 75?% off the original selling price. What are the two sale prices of the? suit? What is the final selling price of the? suit?
Q4-Find the mode for the? amounts: $17,485?; $14,978?; ?$13,592?; ?$14,500?; ?$18,514?; ?$14,978.
Q5-A trading company purchased video and digital cameras from a producer for its new store with a total of ?$130,106.
The order has a trade discount of 30?%. Use the net price rate to find the net price of the merchandise.
Q6-An item sells for ?$80 and is reduced to sell for ?$30. Find the markdown amount and the rate of markdown.
Q7-The markup rate based on the selling price for an item is 21?% and the markup amount is ?$230. Find the selling price and cost.
Q8-A television game device has a list price of ?$216 and a trade discount series of 13?/11. Find the net price and trade discount.
Q9-An invoice for ?$500 is dated October 7 and has sales terms of 2?/10 ROG. The merchandise arrives October 13. How much is due if the bill is paid October 20??
Q10-Kendra and? Mikala, owners of Nue Rhythm? Clothing, paid $30 a pair for jeans. On September? 15, Kendra marked up the jeans 145?% based on the cost. On November? 24, she marked the jeans down 50?% for a Black Friday sale. The jeans were marked down an additional 35?% for final clearance. What was the final selling price of the? jeans?
Q11-Find the standard deviation of a series of ACT scores listed below.
26?, 25?, 16?, 24?, 14
Q12-Calculate the net price for 60 boxes of computer paper if the unit price is ?$15.59 and a single trade discount rate of 30?% is allowed.
Q13-A man has an invoice for a complete computer system for ?$3,941.12. The invoice shows terms of 4?/10, 3?/15, ?n/30. He can afford to pay ?$2,300 within 10 days of the date on the invoice and the remainder within the? 30-day period. How much should be credited to the account for the ?$2,300 ?payment, and how much is still? due?
Q14-A director of accounts received a bill for ?$647?,dated April 7?, with sales terms 2?/10, 1?/15, ?n/30. A? 3% penalty is charged for payment after 30 days. What amount is due if the bill is paid on or between April 18 and April 22??
Q15-A lamp costs ?$40 and is marked up based on cost. If the lamp sold for ?$100?, what was the percent of? markup?
Q16-Find the mean for the? scores:
3,810?; 5,500?; 8,550?; 4,300?; 5,360.
Q17-Find the variance for the set of? data:
21?, 25?, 16?, 19?, 19.
Q18-An item has a 37?% markup based on selling price. What is the equivalent markup percent based on the? cost?