After a discount of $258.75, a distributor paid $891.25 to purchase an item from a manufacturer. What
Question:
After a discount of $258.75, a distributor paid $891.25 to purchase an item from a manufacturer. What rate of discount was applied to the purchase?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 63% (11 reviews)
Discount 25875 Discounted price 89125 Original ...View the full answer
Answered By
Rushikesh Patil
I am currently working as a Math expert at Photomath portal. As a Math expert at such a big portal with millions of students, I have solved variety of problems in different math fields like Calculus, Algebra, Geometry and Trigonometry. I am currently pursuing Master's in Mathematics. So, I am always in the touch with the subject. Hopefully, I can help you with your Math related difficulties and help you to understand the concepts.
0.00
0 Reviews
10+ Question Solved
Related Book For
Fundamentals Of Business Mathematics In Canada
ISBN: 9781259370151
3rd Edition
Authors: F. Ernest Jerome, Jackie Shemko
Question Posted:
Students also viewed these Mathematics questions

The net price of an item after a discount of 22% is $155.61. What is the amount of the discount?

The purchasing department of Ball Brothers purchases raw materials and supplies for the various divisions in the firm. Most of the purchasing departments costs are labor costs. The costs of the...

The Central Hydraulic Supply Company is a distributor of hydraulic supplies in the Midwest. Central handles standard fittings, tubing, and similar items. Generally Central carries an entire product...

Why do we need to calculate beginning Retained Earnings and beginning NCI when preparing consolidated financial statements using the worksheet method.

In problem 15230[BIO], determine the air speed below which flow bypass is not necessary. Problem 15230 A symmetric converging diverging duct with an area ratio of 2 is placed in a wind tunnel...

Q2 What are the components of a LAN?

PR 81 Pop Corporation has owned a 30 percent interest in Son Corporation for ten years, and has properly recorded this investment using the equity method of accounting. On July 1 of the current year...

Wheeling Company is a merchandiser that provided a balance sheet as of September 30 as shown below: Wheeling Company Balance Sheet September 30 Assets Cash . . . . . . . . . . . . . . . . . . . . . ....

Waterways Corporation uses very stringent standard costs in evaluating its manufacturing efficiency. These standards are not ideal at this point, but the management is working toward that as a goal....

The BlackScholes price for a European put option with S = $40, K = $40, = 0.30, r = 0.08, = 0, and t = 0.25 is $1.99. Use Monte Carlo to compute this price. Compute the standard deviation of your...

An invoice dated January 17 for $10,388.84 carries terms 2/5, 1/10, n/30. A payment of $2000 was made on January 21. A second payment was made on January 26, which brought the balance having on the...

A twoperson tent costs a retailer $249. The rate of markup is 25% of the selling price. a. What is the selling price? b. What is the rate of markup based on cost? c. If the tent is damaged while in...

How can an organization translate its strategy into a set of performance measures?

How much Group Revenue do you currently have booked for September 2024? (format $, no decimals; e.g, $5,000) How much additional Group Revenue do you need to book to hit your budget for September...

What strategies do businesses have in place that promote equal opportunity within the organization? Do most businesses offer career development and training to its employees? If so, why? How do...

How do you do the step method in cost accounting? I need help understanding the difference between the step method and reciprocal method.

1 How do longterm care changing the health care system in the 21st century? What ethical issues do you see playing a role in this situation? 2 Why do longterm health care and palliative care...

How do the processes and layouts of Harley Davidson enable it to deliver goods and services to its customer? (How do they do what they do with the resources they have?)

You have a new job designing rides for an amusement park. In one ride, the riders chair is attached by a 9.0mlong chain to the top of a tall rotating tower. The tower spins the chair and rider...

Archangel Corporation prepared the following variance report. Instructions Fill in the appropriate amounts or letters for the question marks in the report. ARCHANGEL CORPORATION Variance...

Estimate the 2year risk, and give a 95% confidence interval for this estimate? Cardiovascular Disease Treatment with statins can reduce the risk of a major cardiovascular event in people with...

Assuming that risk remains constant over time, give an estimate of the 10year risk of a major cardiovascular event on statin therapy? Cardiovascular Disease Treatment with statins can reduce the...

Suppose the expected 2year risk of a major cardiovascular event in similar but untreated people is 0.028. Test whether the 2year risk in those treated with a statin is significantly different from...

3. The nominal interest rate compounded monthly when your $7,000 becomes $11,700 in eight years is ________

An investor can design a risky portfolio based on two stocks, A and B. Stock A has an expected return of 21% and a standard deviation of return of 39%. Stock B has an expected return of 14% and a...

Advanced Small Business Certifica Drag and Drop the highlighted items into the correct boxes depending on whether they increase or decrease Alex's stock basis. Note your answers you'll need them for...
Study smarter with the SolutionInn App