Restaurant supply sells a walk- in refrigerator for $5250 while using a markup of 25% on cost. Find the cost
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Restaurant supply sells a walk- in refrigerator for $5250 while using a markup of 25% on cost. Find the cost
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- A company is trying to decide whether to include a bakery section in its stores. Baking the pies in-house would cost $80 per day and $1 per pie. Pies can be purchased for $4 each from a local bakery, or $3 each from a large regional bakery. The regional bakery requires a minimum purchase of 25 pies per day. Which alternative would you recommend? Show the solution on graph as well.You are buying and reselling items found at your local thrift shop. You found an antique pitcher for sale. If you need a 46% markup on cost and know most people will not pay more than $25 for it, what is the most you can pay for the pitcher? Note: Round your answer to the nearest cent. Maximum pay IFind the selling price. A store pays $8 for a pool noodle. The markup is 20%.
- 1. Miracle Appliance is a wholesaler of kitchen appliances. You are the purchaser for a home store retailer. Miracle Appliance offers the KIT532 model refrigerator at a list price of $657. Miracle offers your company a trade discount of 25 percent. a. What is the amount of the discount for this refrigerator? b. What net price will you pay for this model refrigerator?What is the selling price of a dining room set at Macy's? Assume actual cost is $800 and 42% markup on selling price. Note: Round your answer to the nearest cent. Selling priceThe supplier of the bath towel is offering a discount of $25 off each order if orders are placed in quantities of 500. Should the department store place orders for 500 units?
- Faster Stationery would like to sell a box of gel pens at the price of RM45. There are 12 gel pens in a box. The operating expenses are RM1.50 for a gel pen. If the company want to have 25% of net profit based on cost, a) Find the cost of a gel pen. b) Determine whether there is any profit or loss incurred if the company want to sell a box of gel pens at RM42.What is the selling price of a complete set of pots and pans at Walmart? Assume actual cost is $66.50 and 40% markup on selling price. Note: Round your answer to the nearest cent. Selling priceSolve the following application problems. 10. M.S.U. bookstore buys notebooks for $39 per box of 50. Find the selling price per notebook if the retailer maintains a markup of 20% on the selling price. Round to the nearest cent.
- An automobile ski rack is sold to stores at a wholesale price of $38. If a store has a $23 markup, what is the retail price of the ski rack? Find the percent of the markup, to the nearest percent.Apply mathematical skills around cost structures and appropriate equations to answer the following, inclusive of all associated workings to maximise marks: A convenience store buys 1-gallon jugs of milk for $2.99 and sells them for $4.29. What is the margin they earn on the milk? Please round your answer to the nearest tenth of a percent.Sears is running a special on fridge and dishwasher. Separately the fridge sells for $900 and the dishwasher is $1,000. Bundled together the sale price is $1,750. How much of the $1,750 should be allocated to each appliance? Round your answer to the nearest dollar. Do not round percentages. Fridge: Dishwasher: