Marvin Gate bought some fencing from a wholesaler for $6,000. The wholesaler offered a trade discount of 35%. What was the original price? (Round to the nearest cent.)
What will be an ideal response?
$9,230.77
Divide the wholesale price of $6,000 by the complement of the discount rate to get the original price [$6,000 divided by .65 = $9,230.77].
You might also like to view...
For a consumer product sold door-to-door through a multilevel selling company like Mary Kay, ________ would be an appropriate control unit
A) countries B) states C) counties D) blocks
Which of the following describes a firewall?
A) a malicious program that enters program code or destroys data without authorization B) when two or more people cooperate together to defraud a company C) a technique for protecting data D) when a company defrauds its suppliers by making false claims
For multivariate statistical techniques, when there is ________, multivariate analysis of variance and covariance and canonical correlation, and multiple discriminant analysis can be used
A) variable interdependence B) one dependent variable C) more than one dependent variable D) interobject similarity
How does the text define inspiration?
a. the problem or opportunity that stimulates the quest for a solution b. the process of generating and developing new ideas c. the process of testing assumptions to shape them into viable opportunities d. the action of closely monitoring the behavior and activities of customers