How to tax things:
In this case, lets say the state tax is 7%.
Shen you buy something, lets say some shoes. For example lets say the price is 60.99
With the 7% tax, move the decimal point two times to the left: 7 -> .07
Multiply .07 by the total price
60.99 * .07 = 4.27
Then add this amount to the total price
60.99 + 4.27 = 65.26
This is how you tax
The Benz C300 markup should be $15525. The markup price for the new Toyota Highland should be $43470
Step-by-step explanation:
For the used Benz C300
Initial price $12,000
Apply import duty for Nigeria which is 25%, which is similar to increasing the price by 25%
100% +25%=125%
12000*125/100 = $15000
Apply the 15% profit
100%+15%=115%
15000*115/100 =$17250
Apply the 10% discount, reducing the price by 10%
100%-10%=90%
17250*90/100 =$15525
The Benz C300 markup should be $15525
For the Toyota Highlander
Initial price = $30,000
Apply import duty for Nigeria for new cars, which is 40%, which is similar to increasing the car price by 40%
100%+40%=140%
30,000*140/100 =$42000
Apply the 15% profit
15%+100%=115%
115/100*42000 =$48300
Apply the 10% discount
100%-10%=90%
48300*90/100=$43470
The markup price for the new Toyota Highland should be $43470
Learn More
Percentage increase and decrease :brainly.com/question/11537235
Keywords : cars, import duty, cost, minimum profit, discount, reseller
#LearnwithBrainly
Answer:
m∠U = 103° and m∠TRS = 6°
Step-by-step explanation:
In the given circle O,
Since, RS║VU, and VR is a transverse,
Therefor, m∠V + m∠R = 180° [Consecutive interior angles]
m∠R + 103° = 180° [m∠R = 103° given]
m∠R = 180° - 103°
m∠R = 77°
Since m∠R = m∠VRT + m∠TRS
77° = 71° + m∠TRS
m∠TRS = 77° - 71° = 6°
Quadrilateral RTUV is a cyclic quadrilateral.
Therefore, m∠U + m∠R = 180°
m∠U + 77° = 180°
m∠U = 180° - 77° = 103°
Answer:
16
Step-by-step explanation:
30-10=20
20 divided by 1.25 = 16
