Asked by Meghan
1. If a manufacturing company sells a shirt for $15 to its distributors and the distributor sells it for $40, the distributor makes $25 in profit. What is the rate of return?
A. 1.5
B. .30
C. .900
D. 1.666
My answer is D.
2. You decide to go shopping with your friends to buy a new DVD. If the price of the DVD is $24.99 and the cost to the store is $14.50, what is the markup?
A. $10.49
B. $11.69
C. $14.00
D. $9.99
My answer is A.
A. 1.5
B. .30
C. .900
D. 1.666
My answer is D.
2. You decide to go shopping with your friends to buy a new DVD. If the price of the DVD is $24.99 and the cost to the store is $14.50, what is the markup?
A. $10.49
B. $11.69
C. $14.00
D. $9.99
My answer is A.
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