Solve the problem. Round rates to the nearest tenth of a percent and dollar amounts to the nearest dollar when necessary.A jewelry store purchased 120 fashion watches for $3,600. If the store sold 60 watches at $60, 48 watches at $54, and the rest at $30, find (a) the total markup, (b) the markup percent on selling price, and (c) the equivalent markup percent on cost.

A. $2,952, 45.1%, 82%
B. $6,552, 100%, 182%
C. $2,952, 82%, 45.1%
D. $3,600, 55%, 72%


Answer: A

Mathematics

You might also like to view...

Write in words, as on a check.$99.99

A. Ninety-nine dollars
B. Ninety-nine and  dollars
C. Ninety-nine and  dollars
D. Ninety-nine and  dollars

Mathematics

Provide an appropriate response.When tossing a fair coin, which of the following events is more unlikely? A: Getting 60% tails in 10 tosses B: Getting 60% tails in 100 tosses C: Getting 60% tails in 1000 tosses

A. B B. C C. A D. All are equally likely

Mathematics

Find the first five terms of the recursively defined sequence.a1 = 7, an+1 = an

A. 7, 
B. 7, 
C. 7, 
D. 7, 

Mathematics

Find the amount paid by each of the multiple carriers.The Robins Furniture Company had an insured fire loss of $191,000. It had insurance coverage as follows: Company A, $475,000; Company B, $325,000; and Company C, $175,000. Find the amount paid by each carrier assuming that the coinsurance requirement had been met.

A. $88,153.85, $58,769.23, $44,076.92 B. $93,051.28, $63,666.67, $34,282.05 C. $97,948.72, $61,217.95, $31,833.33 D. $85,705.13, $61,217.95, $44,076.92

Mathematics