Roland Corporation buys stoves from a wholesaler. The list price of a stove is $900, with a trade discount of 30%. The net price is: $270 $1,170 $630 $360 O None of these An Apple iPad sells for $699.00 on eBay. The markup is 30% on cost. What is the total cost of the iPad sold on eBay? $537.69 O $489.30 O $908.70 O 490.00 O None of these Henry's Auto Parts sells car batteries for $125 after a markup of 30% based on the cost of the batteries. What is the wholesale cost of the batteries to Henry's Auto Parts? O $117.50 O $87.50 O $95.00 O $96.15 3.34
Roland Corporation buys stoves from a wholesaler. The list price of a stove is $900, with a trade discount of 30%. The net price is: $270 $1,170 $630 $360 O None of these An Apple iPad sells for $699.00 on eBay. The markup is 30% on cost. What is the total cost of the iPad sold on eBay? $537.69 O $489.30 O $908.70 O 490.00 O None of these Henry's Auto Parts sells car batteries for $125 after a markup of 30% based on the cost of the batteries. What is the wholesale cost of the batteries to Henry's Auto Parts? O $117.50 O $87.50 O $95.00 O $96.15 3.34
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:Roland Corporation buys stoves from a wholesaler. The list price of a stove is $900, with a trade discount of 30%. The net price is:
$270
$1,170
$630
$360
O None of these
An Apple iPad sells for $699.00 on eBay. The markup is 30% on cost. What is the total cost of the iPad sold on eBay?
$537.69
O $489.30
O $908.70
O 490.00
O None of these
Henry's Auto Parts sells car batteries for $125 after a markup of 30% based on the cost of the batteries. What is the wholesale cost of the batteries to Henry's Auto Parts?
O $117.50
O $87.50
O $95.00
O $96.15
3.34
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