Winston & Company buys skateboards from the distributor for 49.60 each. If the skateboards are sold for 89.99, what is the percent markup based on selling price? (Round to the nearest tenth of a percent)
Q. 2Stanislaw owns some property which has an assessed value of 112,800. Find the tax due if the tax rate is 6.5 of the assessed value.
Q. 3The markup on a video camera should be 37 based on selling price. If the seller paid 390 for one, then how much should it be sold for to achieve the desired markup? (Round to the nearest cent)
Q. 4Kyle Wilson pays 3,456 in property taxes on a house with an assessed value of 96,000. What is the tax rate per 100 of assessed value?
Q. 5The selling price for a raincoat is 76.09. What is the percent markup based on selling price, if the cost of the raincoat was 70? (Round to the nearest whole percent)
Q. 6Steven Young purchased a home with a market value of 173,000. The assessment rate in the country is 60 and the property tax rate is 17.32 mills. What is the amount of property tax? (Round to the nearest cent)