The bike store marks up the wholesale cost of all of the bikes they sell by 50%. Andre wants to buy a bike that has a price tag of $250. What was the wholesale cost (before the price markup) of this bike? Round to the nearest hundredth (cent). Remember your units ($ sign).

The bike store marks up the wholesale cost of all of the bikes they sell by 50%. Andre wants to buy a bike that has a price tag of $250. If the bike is discounted (on sale) by 40%, how much will Andre pay (before taxes)?

With a coupon, you can get a pair of shoes that normally costs $184 for only $114. What percentage was the discount? Round to the nearest HUNDREDTH. Remember your units (% sign).

9514 1404 393

  a) $166.67

  b) $150

  c) 38.04%

Step-by-step explanation:

a) The selling price (s) is the sum of the wholesale price (w) and the markup (m).

  s = w + m

We have ...

  250 = w + 0.50×w

  250/1.50 = w = 166 2/3 ≈ 166.67

The wholesale cost of the bike is $166.67.

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b) The price of the bike after the discount is 100% -40% = 60% of the tagged price:

  0.60 × $250 = $150 . . . . . the discounted price

(Aside: we note this is less than the wholesale price, so the store is taking a loss on the bike when it is discounted this much.)

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c) The percentage change is found by ...

  percent change = ((new value)/(old value) -1) × 100%

  = (114/184 -1) × 100% = (0.619565 -1) × 100% ≈ -38.04%

The discount is about 38.04%.

sas (side angle side)

aa (angle angle)

sss(side side side)

sas find two sides with an angle in between

aa is finding two angles and the third will add up to 180

sss find all sides

step-by-step explanation: