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| *Vultures Knob>>>Bicycle Shop |
Math help please? |
3: A camera store operates on an overhead of 50% of the sales. This store bought 100 cameras at $30 each and sold them at $50 each. The store also bought 50 cameras at $50 each and sold them for $100 each. How much did it make or lose on both kinds of camera? Make $500 Lose $500 Make $250 Lose $250 5: The cost of a bicycle is $38. The dealer wishes to sell it to make a profit of 15% on the selling price. His overhead is 40% of the selling price. What is the selling price? $84.44 $75.65 $70.34 $80.25 3: Answer is - Sell 100 cameras at $50 each with cost of $30 = $2,000 profit Sell 50 cameras at $100 each with cost of $50 = $2,500 profit. 2,000 + 2,500 = $4,500 Then take 50% of $4,500 = $2,250 5: Answer to this question - Selling price is $43.70 Overhead cost is $17.48 Need to sell item at $61.18 |
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