As the manager of Speedy Supermarket, answer the following questions. (Round dollars to the nearest cent and percents to the nearest tenth of a percent.) Speedy Supermarket 4/$5 2 Liter Bubbly-Cola Products SALE $13/3 12 Pack Bubbly-Cola ProcuAS (a) If 2 liter Bubbly-Cola products cost Speedy $16.20 per case of 24 bottles, what is the amount of the markup (in $) and what is the percent markup on selling price per case? amount of the markup $ 13.8 percent markup on selling price 46 % (b) If 12 pack Bubbly-Cola products have a markup of $8.75 per case of six 12 packs at Speedy, what are the cost (in $) and the percent markup on selling price per case? cost $ 3.25 percent markup on selling price 27.1 X %
Unitary Method
The word “unitary” comes from the word “unit”, which means a single and complete entity. In this method, we find the value of a unit product from the given number of products, and then we solve for the other number of products.
Speed, Time, and Distance
Imagine you and 3 of your friends are planning to go to the playground at 6 in the evening. Your house is one mile away from the playground and one of your friends named Jim must start at 5 pm to reach the playground by walk. The other two friends are 3 miles away.
Profit and Loss
The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.
Units and Measurements
Measurements and comparisons are the foundation of science and engineering. We, therefore, need rules that tell us how things are measured and compared. For these measurements and comparisons, we perform certain experiments, and we will need the experiments to set up the devices.
a)
From the given information,
Cost per case is $16.20
Now, the selling price from the figure is $5 for 4 bottles.
Thus, the selling price per case is,
That is, selling price per case is $30.
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