1. During its special Bay Days, The Bay advertises a Timex watch for $39.99 with a regular...
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Question 2. For spring break, you are thinking about heading to Tulum, Mexico. In planning ahead, you notice that a one-week stay at the Gran Bahia Principe Tulum, regularly priced at $2,349 for air and six nights all inclusive, offers an early-bird booking discount of $350. What markdown percentage is being offered for booking early?
Question 3. Quicky Mart regularly sells its Red Bull sports drink for $2.99 per can. Quicky Mart noticed that one of its competitors down the street sells Red Bull for $1.89. What markdown percentage must Quicky Mart advertise if it wants to match its competitor?
Question 4. A pair of Nike athletic shoes is listed at a regular selling price of $89.99. If the shoes go on sale for 40% off, what is the markdown amount and sale price?
Question 5. The Brick originally sells their queen-size Tempur-Pedic mattress for $2,499.97 and is now selling it on sale for $1689.167. What markdown percentage does this represent?
Question 6. Procter & Gamble just received payment for a large export of Tide in the amount of 275,000 Denmark kroner (DKK). If the exchange rate is $0.1992 CAD per DKK, how many Canadian dollars will Procter & Gamble receive? Use the proportion method to solve this.
Question 7. Jack is heading home to visit his family in Great Britain and decided to stop at the airport kiosk to convert his money. He needs to convert $5,000 CAD to British pounds (£). The exchange rate per CAD is £0.5841. The kiosk charges a flat fee of £5.00. How many pounds will Jack have?
Question 8. Yasmin lives in Canada, and she purchases a dress from Turkey, which costs her 1580.00 TRY using her credit card. When she checks her credit card balance, she notices that she was charged $235.43 CAD. What was the exchange rate (per 1 TRY) her bank used to convert the cost of the dress?
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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