Review Questions Unit 3 Fall 2011 - Text

Review Questions Unit 3 Fall 2011 - Text - 224 1 a) 491 b)...

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Math 1052: Unit 3 Fall 2011 Review Questions Page Question Answer Topic 143 4 See Below Trade Discounts 143 10 $287,600 Trade Discount 144 18 $1,453.05 $546.50 Trade Discounts 170 1 $2,100.00, 48.78% Trade Discounts 168 5 2.03% Trade Discounts 168 7 $286.88, 68.13% Trade Discounts 151 4 $245,152, $245,152, $252,976, $ 260,800 Cash Discounts 152 8 $1,974.36 Cash Discounts 168 9 a) $42,750 b) $44,100 c) $45,000 Cash Discounts 170 7 a)$65,897.44 b)$63866.98 c)$63,866.98 Cash Discount 169 13 $84.28, 57%, $18.00 Markup 159 6 $5.85 Markup 159 8 $700. , $250. , 55.56% Markup 169 15 $2.22, $1.78 Markup 170 11 66.67% Markup 169 17 $45.00, $36.00 Markdown 167 12 $2,521.76, -$4.67, 14.81% Integrated Problem 169 19 a)$177.87 b) -$6.88 c) 16.13% Integrated Problem 210 6 a) 20 b) 60 Cost/Volume/Profit
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Unformatted text preview: 224 1 a) 491 b) $2,250.00 c) 673 Cost/Volume/Profit 225 9 a) $270.00 b) 400 c) 66.67% Cost/Volume/Profit 225 11 a) $60,000 b) 8500 c) 7200 Cost/Volume/Profit 4. Calculate the missing values: # List price ( L ) Series of discounts rates Equivalent discount rate ( d ) Net price ( N ) Amount of discount ( L N ) a. $850.00 10%, 5% ? ? ? b. ? 5%, 4%, 3% ? ? $80.50 c. ? %, 2%, 1% ? $1854.50 ? d. $625.00 5%, 4%, d % ? $558.60 ? An electronic communication device, listed at $360 less 30%,12.5% and 5%, of offered at a further reduced price of $199. What additional rate of discount was offered? Answer: 5.00%...
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