Tutors Answer Your Questions about Finance (FREE)
Question 1109914: 1. The Cellphone Company buys iPhones at PhP24,000. Expenses are set at 17% of the selling price and the required profit is set at 20% of the selling price. During a weekend sale, the iPhone is sold at 10% discount.
A. What is the regular selling price of the iPhone?
B. What is the sale price of the iPhone?
C. How much did The Cellphone Company gain or lose when the iPhone was sold during the weekend sale?
2. Appliance Store realizes a mark-up of PhP3,450 in selling TV sets. If its items are sold at a mark-up of 40% of the selling price,
A. What is the regular selling price of the TV set?
B. What was the cost of the TV set?
C. What is the rate of mark-up based on cost for the TV set?
D. If overhead expenses are at 27% of the cost, what is the break-even price of the TV set?
E. If the TV set is sold at PhP7,500, how much profit or loss is incurred by Appliance Store?
This is the last question for my homework..Thank You in Advanced.. ;)
Click here to see answer by Lightning_Fast(78)  |
Question 1110013: The Cellphone Company buys iPhones at PhP24,000. Expenses are set at 17% of the selling price and the required profit is set at 20% of the selling price. During a weekend sale, the iPhone is sold at 10% discount.
A. What is the regular selling price of the iPhone?
B. What is the sale price of the iPhone?
C. How much did The Cellphone Company gain or lose when the iPhone was sold during the weekend sale?
Thank You in Advanced.. ;)
Click here to see answer by Theo(13342)  |
Question 1110012: Appliance Store realizes a mark-up of PhP3,450 in selling TV sets. If its items are sold at a mark-up of 40% of the selling price,
A. What is the regular selling price of the TV set?
B. What was the cost of the TV set?
C. What is the rate of mark-up based on cost for the TV set?
D. If overhead expenses are at 27% of the cost, what is the break-even price of the TV set?
E. If the TV set is sold at PhP7,500, how much profit or loss is incurred by Appliance Store?
Thank You in Advanced.. ;)
Click here to see answer by Theo(13342)  |
Question 1110066: This quarter, there is a 50% chance that Jason will pass accounting, a 60% chance the he will pass english, and 80% chance that he will pass at least one of these two courses. What is the probability that he will pass both accounting and english?
Click here to see answer by stanbon(75887) |
Question 1110066: This quarter, there is a 50% chance that Jason will pass accounting, a 60% chance the he will pass english, and 80% chance that he will pass at least one of these two courses. What is the probability that he will pass both accounting and english?
Click here to see answer by ikleyn(52781)  |
Question 1110066: This quarter, there is a 50% chance that Jason will pass accounting, a 60% chance the he will pass english, and 80% chance that he will pass at least one of these two courses. What is the probability that he will pass both accounting and english?
Click here to see answer by greenestamps(13200)  |
Question 1110065: A single card is randomly drawn from one standard 52-card deck of playing cards, and events C & D are as follows: c={the card drawn is a king} D= {card drawn is a heart} find "probability of events C or events D occurring" P(CuD)
Click here to see answer by stanbon(75887) |
Question 1110063: A jar contains four marbles labeled "1", "2", "3", and "4". Two marbles are drawn without replacement. Determine the probability that
a. The sum of the numbers on the drawn marbles = 5
b. The sum of the numbers on the drawn marbles is an odd numbers
c. The sum of the number on the drawn marble = 9
d. one of the marbles drawn is the "3" marble
Click here to see answer by stanbon(75887) |
Question 1110151: The product of two consecutive even numbers is 528.
1. Write an equation in words to represent this information.
2. Represent this information algebraically and solve the equation.
3. Find all possible solutions for the two consecutive numbers
Click here to see answer by rothauserc(4718)  |
Question 1110151: The product of two consecutive even numbers is 528.
1. Write an equation in words to represent this information.
2. Represent this information algebraically and solve the equation.
3. Find all possible solutions for the two consecutive numbers
Click here to see answer by jorel1380(3719)  |
Question 1110170: Use the addition rule to determine the following probability:
a. if P(E)=0.5 & P(F)=0.4 and E & F are mutually exclusive, find P(EnF)
P(EnF) = P(E)+P(F) - P(EnF)
b.If P(E)=0.4 & P(F)=0.2 & E and F are mutually exclusive, find P(EnF)
Click here to see answer by greenestamps(13200)  |
Question 1110061: A card is randomly selected from a standard 52 card deck of playing cards. Determine the probability that the randomly selected card:
a. is a red?
b. is a 'face card" (king, queen or jack)?
c. is a "jack of clubs"?
d. is a heart and a diamond?
Click here to see answer by Edwin McCravy(20055)  |
Question 1110239: This triangle given below will be used to answer questions 4 - 6.
Use the Law of Sines to solve the triangle given the following information.
Round your answers to the nearest tenth for degrees and to the nearest hundredth for sides.
A = 60 degrees
a = 9
c = 10
C = __?___ Degrees
Click here to see answer by Boreal(15235)  |
Question 1110282: Hello, I would like some help solving this word problem!
The level of air pollution varies throughout the day during summer. The function P(t)= 0.1t^2-0.4t+0.6 measures the air pollution, "P" measured in parts per million, with respect to time, "t" in hours, where 9AM=0
A) Find the average rate of change of air pollution between noon and 5PM.
B) Find the rate of change at 5PM and interpret the meaning of your result.
Click here to see answer by stanbon(75887) |
Question 1110339: A company has a policy of retiring company cars; this policy looks at number of miles driven, purpose of trips, style of car and other features. The distribution of the number of months in service for the fleet of cars is bell-shaped and has a mean of 35 months and a standard deviation of 5 months. Using the empirical rule (as presented in the book), what is the approximate percentage of cars that remain in service between 20 and 30 months?
Do not enter the percent symbol.
ans as a % =
AND
The physical plant at the main campus of a large state university recieves daily requests to replace florecent lightbulbs. The distribution of the number of daily requests is bell-shaped and has a mean of 55 and a standard deviation of 7. Using the empirical rule (as presented in the book), what is the approximate percentage of lightbulb replacement requests numbering between 48 and 55?
Do not enter the percent symbol.
ans =
LASTLY
The combined SAT scores for the students at a local high school are normally distributed with a mean of 1481 and a standard deviation of 293. The local college includes a minimum score of 1217 in its admission requirements.
What percentage of students from this school earn scores that fail to satisfy the admission requirement?
P(X < 1217) =
Enter your answer as a percent accurate to 1 decimal place (do not enter the "%" sign). Answers obtained using exact z-scores or z-scores rounded to 3 decimal places are accepted.
Click here to see answer by Boreal(15235)  |
Question 1110469: A newspaper is known to have a mean number of 4 typing errors per page. Find the probability that;
i. at most four typographical errors will be found on a page
ii. more than two typographical errors will be found on a page
Click here to see answer by Boreal(15235)  |
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