O RIVER-RAFT SALES O they sold 158 of the raft at $25 each, find (a) the markup percent on sellin

Advanced Engineering Mathematics
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ISBN:9780470458365
Author:Erwin Kreyszig
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22 RIVER-RAFT SALES Olympic Sports purchased a job lot of 380 river rafts for S7600. If
they sold 158 of the rafts at $45 each, 74 at $35 each, 56 at $30 each, and the remainder
at $25 each, find (a) the total amount received for the rafts, (b) the total markup, (c) the
markup percent on selling price, and (d) the equivalent markup percent on cost.
Transcribed Image Text:22 RIVER-RAFT SALES Olympic Sports purchased a job lot of 380 river rafts for S7600. If they sold 158 of the rafts at $45 each, 74 at $35 each, 56 at $30 each, and the remainder at $25 each, find (a) the total amount received for the rafts, (b) the total markup, (c) the markup percent on selling price, and (d) the equivalent markup percent on cost.
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