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3 years ago

PLEASE. HELP.

Mathematics

1 answer:

jekas [21]3 years ago

6 0

I think the answer is A I’m not sure tho

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3 years ago

Kabul’s bookshop marks up all books by 40 percent of their cost. The overhead rate is 16 percent of the selling price. What is t

morpeh [17]

Answer:

The net profit rate on the book is 5.41

Step-by-step explanation:

Given as :

The marks up percentage of book = m = 40%

The overhead rate is 16% of selling price

The cost price of book = c.p = $18.10

Let The profit = $p

Let The selling price = s.p

<u>Now, According to question</u>

mark up percentage = $\dfrac{s.p - c.p}{c.p}$

I.e 40% = $\dfrac{s.p - 18.10}{18.10}$

Or, $\dfrac{40}{100}$ + 1 = $\dfrac{s.p}{18.10}$

Or, $\dfrac{140}{100}$ = $\dfrac{s.p}{18.10}$

Or, s. p = $\dfrac{140\times 18.10}{100}$

∴ s.p = $25.34

So, selling price of book = s.p = $25.34

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i.e overhead rate = $\dfrac{\textrm estimated cost}{\textrm estimated total base unit}$

Or, estimated cost = 16% × 25.34

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∴ estimated cost = $4.05

Now,

Profit = selling price of book - estimated book cost

I.e p = $25.34 - $4.05

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So, The profit rate% = $\dfrac{\textrm profit}{\textrm estimated cost}$

I.e The profit rate% = $\dfrac{21.29}{4.05}$

∴ profit rate %= 5.41

So, The profit rate = p = 5.41

Hence, The net profit rate on the book is 5.41 Answer

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