A distributor sells water cooling units for $830 each. The operating profit is 30% on cost...

 

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A distributor sells water cooling units for $830 each. The operating profit is 30% on cost and markup is 60% on cost. a. Calculate the cost per cooling unit. Round to the nearest cent b. Calculate the rate of markdown offered during a sale if it made a profit of $49.40 per machine. % Round to two decimal places c. What should be the rate of markdown offered to sell the machines at the cost price? % Round to two decimal places A distributor sells water cooling units for $830 each. The operating profit is 30% on cost and markup is 60% on cost. a. Calculate the cost per cooling unit. Round to the nearest cent b. Calculate the rate of markdown offered during a sale if it made a profit of $49.40 per machine. % Round to two decimal places c. What should be the rate of markdown offered to sell the machines at the cost price? % Round to two decimal places

Answer rating: 100% (QA)

a To calculate the cost per cooling unit we need to find the cost price Lets denote the cost price a... View the full answer