a building supply store prices all products to give a one third (33.33%)margin. a.what rate of markup...

80.2K

Verified Solution

Question

Advance Math

a building supply store prices all products to give aone third (33.33%)margin.
a.what rate of markup do they use?
b.if the company had profits of$500,000 what was their cost ofgoods sold?
c.if operating expenses are 10% of sales what is the percent netprofit?
d.a mitre saw had a cost of$100 what was the selling price?
e.a pressure washer which costs $120 was sold after being markeddown 20% what was the selling price ?what was the percentmargin.

Answer & Explanation Solved by verified expert
3.6 Ratings (348 Votes)
The    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students