Explanation Given Information: The cost is $ 1 , 350 and selling price is $ 3 , 499 of a computer. Formula used: The markup amount can be calculated using the following equation: Markup = Selling Price − Cost or M = S P − C The percent markup based on cost is computed as: Percent Markup based on cost = Markup Cost or % M cost = M C Calculation: Consider the provided data, Cost of a computer is $ 1 , 350 and Selling price is $ 3 , 499 . So, C = $ 1 , 350 and S P = $ 3 , 499 . The amount of markup M is: M = S P − C Substitute SP = $ 3 , 499 and C = $ 1 , 350 in M = S P − C

Contemporary Mathematics For Business & Consumers, Brief Edition, Loose-leaf Version

8th Edition

ISBN: 9781305867192

Author: Robert Brechner, Geroge Bergeman

Publisher: South-Western College Pub

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Chapter 8.I, Problem 7RE

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To calculate: The markup amount and percent markup based on the cost for given cost $1,350 and selling price $3,499.

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Chapter 8.I, Problem 6RE

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************* ********************************* Q.1) Classify the following statements as a true or false statements: a. If M is a module, then every proper submodule of M is contained in a maximal submodule of M. b. The sum of a finite family of small submodules of a module M is small in M. c. Zz is directly indecomposable. d. An epimorphism a: M→ N is called solit iff Ker(a) is a direct summand in M. e. The Z-module has two composition series. Z 6Z f. Zz does not have a composition series. g. Any finitely generated module is a free module. h. If O→A MW→ 0 is short exact sequence then f is epimorphism. i. If f is a homomorphism then f-1 is also a homomorphism. Maximal C≤A if and only if is simple. Sup Q.4) Give an example and explain your claim in each case: Monomorphism not split. b) A finite free module. c) Semisimple module. d) A small submodule A of a module N and a homomorphism op: MN, but (A) is not small in M.

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Contemporary Mathematics For Business & Consumers, Brief Edition, Loose-leaf Version

Ch. 8.I - For the following, use the basic retailing...Ch. 8.I - For the following, use the basic retailing...Ch. 8.I - Prob. 3TIE Ch. 8.I - Prob. 4TIE Ch. 8.I - Prob. 5TIE Ch. 8.I - Prob. 6TIE Ch. 8.I - Prob. 1RE Ch. 8.I - For the following items, calculate the missing...Ch. 8.I - Prob. 3RE Ch. 8.I - For the following items, calculate the missing...

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The markup amount and percent markup based on the cost for given cost $ 1 , 350 and selling price $ 3 , 499 .

Solution Summary: The author calculates the markup amount based on the cost of a computer and the selling price.

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