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Front Range Cabinet Distributors in Colorado Springs, Colorado, sells to its contractors with a 52% markup on cost: If the selling price to the contractors is $ 9,5...

Question

Front Range Cabinet Distributors in Colorado Springs, Colorado, sells to its contractors with a 52% markup on cost: If the selling price to the contractors is $ 9,509,what Is the original cost to Front Range Cabinet Distributors? (Round your answer to the nearest cent )

Front Range Cabinet Distributors in Colorado Springs, Colorado, sells to its contractors with a 52% markup on cost: If the selling price to the contractors is $ 9,509,what Is the original cost to Front Range Cabinet Distributors? (Round your answer to the nearest cent )



Answers

Flea Markets. $\quad$ A vendor sells tool chests at a flea market for $\$ 65 .$ If she makes a profit of $30 \%$ on each unit sold, what does she pay the manufacturer for each tool chest? (Hint: The retail price $=$ the wholesale price $+$ the markup.)

So this word problem, You have to find the retail price of a two button suit if a clothing outlet buys them so our cost is going to be to 10.95 each and then the markup is 1 44.95 So I want to find a retail. All we have to do is add these two numbers together. So we said it had been vertical for him here. 144.95 So then we're going to add So five plus five is 10. Carry the one here. One post nine isn't is 10 plus nine is 19 care the one they're bring our decimal down. Zero plus one is one plus four is five one plus for us, five in two plus one is three, so our retail is going to be 3 55 0.90 dollars.

Big problem here that is 100% just dependent on you, knowing the difference between wholesale and the selling price and mark up. And so markup is basically how much money a store makes on top of the wholesale price. So this is our buys, a product for $97 but sells it for significantly more. The market is that difference. So 1 79.99 Or, in other words, kind of like how much money they made. And if we do the subtraction, it's $82.99. So we can kind of think of mark up as the money that that store is gonna take back on top of the wholesale price, like the extra money, the money they keep.

The skunk. The discount again by big lumber physical do 50% discount is goingto 15% the total amount paid by contractors. Total amount paid by contractor physical toe to $72 after the discount hands this to $22 given for 85%. So let them out. Nick the or is not or is no amount be next. Dis employees 85 over 100 multiplied with X since 15% discount is given, so the remaining amount will be 85% on this will be called to 72 this employees multiplying both side 100 we get read a five times X is equal to 2 72 mile repair with 100. This implies X physical toe toe 72 multiplied with 100 mover 85. Next. Ah, as we can see that the city five can be divided by five in 17 times on. This can be very during two times on this something can they were this to 72 in 16 times hands it will be see don't be hence or is no or is no amount Physical toe c $20

So this problem it says a manufacturer sells rechargeable drills to home improvement stores um for $6 more than the manufacturing cost. So I'm gonna go ahead and write let's say h. of x. Or H. Of em, let's see For the manufacturing cost equals m. Plus six. So the cost plus $6 The stores and then sell it drill for 150% of the price that it paid the manufacturer. So I'm gonna say s. of um Equals and 150 as decimal would be 1.5 times. Um So they want us to find the function PMm for the price at the home improvement store. Yeah. Yeah. Yeah. Um in relationship to the manufacturing price. So basically what you would do here is Mhm. Take us of H. Of em because they first paid for the drill and then they are reselling it at this price. So if I plug hmm in for em here I would have 1.5 times M plus six. Then I would go ahead and distribute. Did you do six times? 1.5 gives me nine. So my function will be 1.5 m. Plus nine. Mhm. Yeah


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