Answer:
Both parts are solved below:
Step-by-step explanation:
Given that:
Purchase price = 150
Part (A)
As the online trailer marks up 30% so the price would be:
= 150 + 30% of 150
=150 + 0.3(150)
= 150 + 45
Price online= $195
As the superstore marks up the price by 40% so the price would be:
= 150 + 40% of 150
=150 + 0.4(150)
= 150 + 60
Price at superstore = $210
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Part(B)
Difference = price at superstore - price online
difference = 210 - 195
difference = $15
Difference in markup = 40% - 30% = 10%
So 10% difference leads to the difference of $15 in price.
i hope it will help you!
524/8=65.5
There were 65 cans in each box.
65•8= 520
524-520=4
There were 4 cans left over
Annual ROI is approximately 83.3%
Find annual profit: $75,000/6 = $12,500
ROI = Annual Profit/ initial investment
ROI = $12,500/$15,000 or 83.3%
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