Math questions help
1. The spoilage rate on a shipment of 500 pounds of mussels is expected to be 20%. They were puchased at a cost of $5.56 per pound. What should the selling price per pound be to achieve a markup of 6% based on cost? (Note: Round your answer to the nearest cent.)
2. The wholesale cost of a jacket is $75. The original markup was 59% based on selling price. Find the final sale price after the following series of price changes: a markdown of 40% and a markdown of 44%. (Round each intermediate selling price to the nearest cent.)
3. The markup on a video game is 66% of the sale price. If the video game sells for $102.94, what was the cost?
4. A retailer purchased a video game for $35. What selling price should be used if the markup is supposed to be 54% based on selling price?
5. A purchaser paid $29,400 for a car that originally cost $14,700. If the markup was 50% of the $29,400 selling price, then what is the percent markup based on cost? Round to the nearest tenth percent.
6. It costs $170 to manufacture a fax machine. If the fax machine sells for $178.95, what is the percent markup based on selling price? Round to the nearest whole percent.=5%
7. A retailer purchased a VCR for $340. What selling price should be used if the markup is supposed to be 58% based on selling price?
8. A purchaser just paid $53.33 for a hair dryer. If 55% of that amount was the seller’s markup then what did the hair dryer cost the seller in the first place?=23.9985
9. The wholesale cost of a hair dryer is $20. The original markup was 46% based on selling price. Find the final sale price after the following series of price changes: a markup of 32%, a markup of 19%, a markdown of 49% and a markdown of 12%. (Round each intermediate selling price to the nearest cent.)
10. 400 pounds of mussels were purchased at $5.56 per pound. The desired markup is 19% based on selling price, but 19% spoilage is expected. What should the selling price per pound be? (Note: Round your answer to the nearest cent.)
11. Find the percent markup based on cost if the percent markup based on selling price is 74%. Round to the nearest tenth percent.
12. The percent markup on a guitar is known to be 70% based on cost to the seller. If the seller paid $460 for one, then what would be the corresponding percent markup based on the sale price? Round to the nearest tenth percent.
13. The markup on a car is 108% based on cost to the seller. The current selling price is $31,408. How much did the seller pay for the car?
14. The wholesale cost of a mountain bike is $370. The original markup was 40% based on selling price. Find the final sale price after the following series of price changes: a markup of 35% and a markup of 37%. (Round each intermediate selling price to the nearest cent.)
15. 1400 bushels of peanuts were purchased at $5.51 per bushel. The desired markup is 47% based on cost, but 21% spoilage is expected. What should the selling price per bushel be? (Note: Round your answer to the nearest cent.)
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