A sports store purchased tennis racquets for $2.87 less 40% for purchasing more than 100...
80.2K
Verified Solution
Link Copied!
Question
Accounting
A sports store purchased tennis racquets for $2.87 less 40% for purchasing more than 100 dems, and a further 25% was reduced tor purchasing the racquets in October The racquots were soid to customers for $5147 (a) What is the cost of each racquet? (b) What is the markup as a percent of cost? (c) What is the markup as a percent of seling price? (a) The cost of each racquet is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to sox decimal plactis as needed) (b) The markup as a percent of cost is y. (Round the final answer to two decimal places as needed Round all intermediate values to six decimal places as needed) (c) The markup as a percent of seling price is (Roand the final answer to two decimal places as needed Round alf intermediate values to sox decamal places as needed)
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!