The markup can be found by dividing the selling price by the markup in decimals:
($15.4)/0.6=$25.67
Final answer: $25.67

Question

asked 2021-03-02

A drill costs $85. Its markup ratte is 70% of the selling price. Find the markup and the selling price.

asked 2021-03-05

How much can a manager afford to pay for a baseball glove, if he wants a 25% markup on the selling price in order to have a $50 markup?

asked 2021-02-23

The mill Mountain Coffee shop blends coffee on the premises for its customers. it sells three basic blends in 1- pound bags, Special , Mountain dark, and Mill regular. It uses four different types of coffee to produce the blends- Brazilian, mocha,Columbian, and mild. The shop used the following blend recipe requirements :

\(\displaystyle{b}{e}{g}\in{\left\lbrace{a}{r}{r}{a}{y}\right\rbrace}{\left\lbrace{\left|{l}\right|}{l}{\left|{l}\right|}\right\rbrace}{h}{l}\in{e}\text{Blend}&\text{Mix requirement}&\text{Selling price/lb(\\$)}\backslash{h}{l}\in{e}\text{special}&\text{at least 40% columbian,}&{6.50}\backslash&\text{at least 30% mocha}\backslash{h}{l}\in{e}\text{Dartk}&\text{at least 60% Brazillian}&{5.25}\backslash&\text{no more than 10% mid}\backslash{h}{l}\in{e}\text{Regular}&\text{no more than 60% mid}&{3.75}\backslash&\text{at least 30% Brazillian}\backslash{h}{l}\in{e}{e}{n}{d}{\left\lbrace{a}{r}{r}{a}{y}\right\rbrace}\)

The cost of Brazilian coffee is 2.00 per pound, the cost of mocha is $2.75 per pound, the cost of Columbian is $2.90 per pound,and the cost of mild is $1.70 per pound. The shop has 110 pounds of Brazilan coffee. 70 pounds of mocha, 80 pounds of Columbian, and 150 pounds of mild coffee available per week. The shop wants to know the amount of each blend it should prepare each week to maximize profit.

a. Formulate a linear programming model

b. Solve this model

\(\displaystyle{b}{e}{g}\in{\left\lbrace{a}{r}{r}{a}{y}\right\rbrace}{\left\lbrace{\left|{l}\right|}{l}{\left|{l}\right|}\right\rbrace}{h}{l}\in{e}\text{Blend}&\text{Mix requirement}&\text{Selling price/lb(\\$)}\backslash{h}{l}\in{e}\text{special}&\text{at least 40% columbian,}&{6.50}\backslash&\text{at least 30% mocha}\backslash{h}{l}\in{e}\text{Dartk}&\text{at least 60% Brazillian}&{5.25}\backslash&\text{no more than 10% mid}\backslash{h}{l}\in{e}\text{Regular}&\text{no more than 60% mid}&{3.75}\backslash&\text{at least 30% Brazillian}\backslash{h}{l}\in{e}{e}{n}{d}{\left\lbrace{a}{r}{r}{a}{y}\right\rbrace}\)

The cost of Brazilian coffee is 2.00 per pound, the cost of mocha is $2.75 per pound, the cost of Columbian is $2.90 per pound,and the cost of mild is $1.70 per pound. The shop has 110 pounds of Brazilan coffee. 70 pounds of mocha, 80 pounds of Columbian, and 150 pounds of mild coffee available per week. The shop wants to know the amount of each blend it should prepare each week to maximize profit.

a. Formulate a linear programming model

b. Solve this model

asked 2020-11-16

$3450 shares were bought and than sold for $6100 after a while. What is the capital gain as a percent of the original purchace price? What is the gross capital gain?

asked 2021-01-19

A company that makes thing-a-ma-bobs has a start up cost of $44055. It costs the company $1.97 to make each thing-a-ma-bob. The company charges $5.31 for each thing-a-ma-bob. Let x denote the number of thing-a-ma-bobs produced.

Write the cost function for this company. C(x) =

Write the revenue function for this company. R(x) =

What is the minumum number of thing-a-ma-bobs that the company must produce and sell to make a profit?

Write the cost function for this company. C(x) =

Write the revenue function for this company. R(x) =

What is the minumum number of thing-a-ma-bobs that the company must produce and sell to make a profit?

asked 2020-11-01

The regular price of a pair of pants is $38.00. The pants are discounted 35%. How much do the pants cost after the discount is applied?

asked 2020-10-26

An analysis of variance produces \(\displaystyle{S}{S}_{{\to{t}{a}{l}}}={40}\) and \(\displaystyle{S}{S}_{{{w}{i}{t}{h}\in}}={10}\). For rhis analysis, what is \(\displaystyle{S}{S}_{{{b}{e}{t}{w}{e}{e}{n}}}\)?

a) 30

b) 400

c) Cannot be determined grom the information given

d) 50

a) 30

b) 400

c) Cannot be determined grom the information given

d) 50

asked 2021-01-22

cost of store: 140 markup: 25% what is selling price

asked 2021-02-01

Consider a dress manufacturing company, where the cost of producing x amount of suits is:

\(\displaystyle{C}{\left({x}\right)}={841}+{18}{x}^{{0.5}}\)

At which rate does the averege cost change after 500 have been produced?

\(\displaystyle{C}{\left({x}\right)}={841}+{18}{x}^{{0.5}}\)

At which rate does the averege cost change after 500 have been produced?

asked 2021-01-06

Consider a chain discount of 20/15/10 instead of the single discount. What would the net price equivalent rate be?