I'm Exausted Guys. Who wants to answer the last 4 questions on my HW?

Question

1.) Calculate the selling price of a table costing $67.70, with anticipated expenses of 40% of cost, and desired net profit of 28.40. Also find the markup.

2.) A radio costing $78.30 is marked up by 18 2/7% of the cost. Its then sold at a discount of 19%. If the sales tax rate is 3% find the amount billed to the buyer.

3.) Find the percent of profit earned on a camera costing $66.50, marked up by 36 2/5% and then sold at a discount of 19%.

4.) Alice earns a 30% commision on all sales over $400 a month plus a $101 monthly salary. If her sales this month are $2,242, find her gross earnings.

Ok miss Jen. Point is typing isnt hard. So if your not gonna help go answer some other ?. And your welcome for those 2 free points. Wiatch

Answer 1

1) If the 40% expenses refer to 40% of the cost, that is:

expenses = $67.70(.4) = $27.08

If the selling price is cost + expenses + net profit:

selling price = $67.70 + $27.08 + $28.40 = $123.18

Not sure what you mean by markup, but assuming that it is everything other than the cost:

markup = $123.18 - $67.70 = $55.48

2) markup = $78.30(0.182857) = $14.32

original selling price = $78.30 + $14.32 = $92.62

discount = $92.62(0.19) = $17.60

discounted selling price = $92.62 - $17.60 = $75.02

sales tax = $75.02(0.03) = $2.25

amount billed = $75.02 + $2.25 = $77.27

3) markup = $66.50(0.364) = $24.21

original selling price = $66.50 + $24.21 = $90.71

discount = $90.71(0.19) = $17.23

discounted selling price = $90.71 - $17.23 = $73.48

Assuming profit is the discounted price - cost:

profit = $73.48 - $66.50 = $6.98

4) commision = ($2242 - $400)(0.30) = $552.60

gross earnings = salary + commision
= $101 + $552.60 = $653.60

Hope that you get some rest.

Answer 2

i dont have time to answer but no offence the time it took u to type htat u would hvae been done! sorrie charlie!

Sorry no need for your mean little comment.