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nordsb [41]
3 years ago
9

Mike sells calculators. His competitor sells a new calculator line for $14 each . Mike needs a 40% markup on selling price to ma

ke his desired profit and must meet price competition. What cost can Mike afford to bring these calculators into the store? what is the dollar markup?
Mathematics
1 answer:
Sergio039 [100]3 years ago
3 0

Answer:

cost to afford to bring these calculators is $8.4

markup on retail = 5.6

Step-by-step explanation:

given data

selling price = $14

mark up on selling = 40%  = 40/100 = 0.40

to find out

What cost can Mike afford to bring these calculators

solution

we calculate markup on retail that is mark up on selling of selling price

markup on retail = 0.40 × 14

markup on retail = 5.6

so

cost to afford to bring these calculators = 14 - 5.6

cost to afford to bring these calculators is $8.4

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Step-by-step explanation:

This question is testing to see if you can figure out how the rug may fit in the room.

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The only given information from the question is...

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3 0
3 years ago
A van drove 241. 92 miles on 10. 8 gallons of gas. How far could the van drive on a full tank of 16. 2 gallons of gas? Drag and
mrs_skeptik [129]

You can use the given data to find out how many miles does the van travels for 1 gallon of gas. This will help you get the distance van can travel for full tank (16.2 gallons) of gas.

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<h3>How to find the distance the van can travel per gallon of gas?</h3>

Since the considered van traveled 241.92 miles in 10.8 gallons, then we can take equal in dimension of input and output relation.

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2 years ago
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3 years ago
Read 2 more answers
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Answer:

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