Contemporary Mathematics for Business & Consumers - With LMS CengageNOW

8th Edition

ISBN: 9781337125468

Author: Brechner

Publisher: Cengage

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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 …

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 experime…

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Textbook Question

Chapter 8.II, Problem 21RE

Solve the following word problems. Round dollars to the nearest cent and percents to the nearest tenth of a percent.

A purse has a cost of $21.50 and a selling price of $51.99.

a. What is the amount of markup on the purse?

b. What is the percent markup based on cost?

c. What is the corresponding percent markup based on selling price?

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Chapter 8.II, Problem 20RE

Chapter 8.II, Problem 22RE

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Chapter 8 Solutions

Contemporary Mathematics for Business & Consumers - With LMS CengageNOW

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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Solution Summary: The author calculates the percent markup based on cost using the following equation: 141.8%.

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