A computer assembly firm purchases computer parts at $220 per computer. The operating expenses are 22% on cost and rate of markup is 50% on cost. Round to the nearest cent a. What is the selling price of each computer? b. What is the operating profit per computer? Round to the nearest cent
A computer assembly firm purchases computer parts at $220 per computer. The operating expenses are 22% on cost and rate of markup is 50% on cost. Round to the nearest cent a. What is the selling price of each computer? b. What is the operating profit per computer? Round to the nearest cent
Elementary Algebra
17th Edition
ISBN:9780998625713
Author:Lynn Marecek, MaryAnne Anthony-Smith
Publisher:Lynn Marecek, MaryAnne Anthony-Smith
Chapter3: Math Models
Section3.2: Solve Percent Applications
Problem 3.35TI: Find the percent increase. (Round to the nearest tenth of a percent.) In 2011, the IRS increased the...
Question
A computer assembly firm purchases computer parts at $220 per computer. The operating expenses are 22% on cost and rate of markup is 50% on cost. Round to the nearest cent
a. What is the selling price of each computer?
b. What is the operating profit per computer? Round to the nearest cent
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