If an item that lists for $49.95 is sold to a member of the distribution chain for

Question:

If an item that lists for $49.95 is sold to a member of the distribution chain for $34.97, what is the amount of the discount? What discount rate is being applied?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Fundamentals Of Business Mathematics In Canada

ISBN: 9781259370151

3rd Edition

Authors: F. Ernest Jerome, Jackie Shemko

See More Books

Question Posted: Oct 16, 2020 03:14 AM

See More Questions

How much will a wholesaler pay for an item that lists for $99 if she is eligible for a trade discount of 30% and a special promotional discount of 18.75%. What is the total amount of the discount in...
The Gallery is an indoor recreational facility. It employs 95 minimum-wage employees and 7 management-level staffers. During the past month, all employees participated in a promotion to enhance sales...
Tim Bell is a percussionist who has been a member of the Performers Union for the past decade. Eight years ago, he was hired by City Opera as a percussionist/timpanist, and was appointed Principal...
You are performing the audit for Premium Pet Care Pty Ltd (PP), which operates a luxury boarding kennel and daycare facility for dogs and cats. PP bill their customers after their pet's stay, with...
The lift-off mass of a Space Shuttle is 2 million kg. If the lift off thrust (the net force upward) is 10% greater than the minimum amount required for a lift-off, determine the acceleration.
How does diversification help with independent risk?
Consider an incoherent source radiating with spatial intensity distribution $I(\xi, \eta)$. (a) Using the Van Cittert-Zernike theorem, show that the coherence area of the light (mean wavelength...
Cost of Goods Sold Ivano Company has collected cost accounting information for the following subset of items for Years 1 and 2. Year 1 Year 2 tem: Direct materials used in production Direct...
Two electric motors (A and B) are being considered to drive a centrifugal pump. Each motor is capable of delivering 50 horsepower (output) to the pumping operation. It is expected that the motors...
Brite Ideas, Inc., mass-produces reading lamps. Materials used in constructing the body of the lamp are added at the start of the process, while the materials used in wiring the lamps are added at...
How much would be required on April 13 to settle a $5445 invoice dated March 23 with credit terms 3/10, 1(1/2)/20, n/60?
Office Supply Depot plans to stop carrying the Casio FC-200 calculator. It normally marks up the calculator from the $31.50 wholesale cost to the regular selling price of $51.98. a. What is the...
A centrifuge is used to remove solid particles with a diameter of $5 \mu \mathrm{m}$ and $S G=1.25$ from a dilute aqueous stream. The centrifuge rotates at $1200 \mathrm{rpm}$ and is $3 \mathrm{ft}...
Working for a home care agency, you have been assigned to assist the client with tasks involving his money and are required to accompany your client to do personal banking, buy groceries, and pay...
The following table contains financial ratio information about Trust Company, and the Industry. You are required to choose who is performing better, the Trust Company or the Industry. Fill the table...
What has been the role of social work in the development process of social policy administration? What have been the dilemmas and challenges in entering into management positions? What do you propose...
Under First In First Out (FIFO), equivalent units of production must be equal to what amount? process costing for its sole product. Liwanag Manufacturing Corporation uses The quantity data for...
"Forecasting is both an art and a science." Discuss with particular reference to Panel Consensus and Econometric Method. Now that your study of Managerial Economics is concluding, name at least three...
(a) What items should be specified in a partnership agreement? (b) Why is it important to have this agreement in writing?
Frontland Advertising creates, plans, and handles advertising campaigns in a three-state area. Recently, Frontland had to replace an inexperienced office worker in charge of bookkeeping because of...
The study reported 45 injuries to the upper extremity on a dry field consisting of artificial turf over the course of 10,112 games. What procedure can be used to assess whether the risk of injury is...
Provide a 95% CI for the rate of injury to the upper extremity on artificial turf. Express each rate as the number of injuries per 1000 games? Sports Medicine Injuries are common in football and may...
Her doctor is considering taking her off antihypertensive medications but wants to be fairly certain that her true DBP is less than 90 mm Hg. Use a statistical approach to answer this question....
Athens Gas Station has figured out the weekly demand distribution for their gas sales. Each gallon of gas sold at the pump results in a profit of 10 cents/gallon and any lost sales results in a cost...
1. The maximum pressure an eardrum can withstand without rupturing is Pmax = 3.0102 Pa. Assume a sound is made at that pressure. If the density of air is, p=1.20 kg/m, and the speed of sound is 340...
52. A wave is sent down a string with a linear mass density of 1.600 x 10-4 kg/m. The wavefunction that describes this wave is: y(x,t) = (0.021 m)*sin{(2.00 rad/m)*x + (30.0 rad/s)*t} What is the...

If an item that lists for $49.95 is sold to a member of the distribution chain for

Question:

Step by Step Answer:

Listed price of an item 4995 Sold price of an item 3497 Therefo...View the full answer

Fundamentals Of Business Mathematics In Canada

Students also viewed these Mathematics questions