I need help with multiple choice questions

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I need help with multiple choice questions

QUESTION 1

  1. Choose the one alternative that best completes the statement or answers the question. Solve the problem.

    Find the trade discount on a bicycle that lists for $80.95 if a discount rate of 15% is offered. Round to the nearest cent.

    $68.81

    $68.31

    $12.14 

10 points  

QUESTION 2

  1. Choose the one alternative that best completes the statement or answers the question. Solve the problem.

    Find the net price of a bicycle that lists for $82.95 if a discount rate of 15% is offered. Round to the nearest cent.

    $12.69

    $12.44

    $70.51

    $70.76 

10 points  

QUESTION 3

  1. Choose the one alternative that best completes the statement or answers the question. Solve the problem.

    Calculate the trade discount for 3 chairs if the unit price is $39 and a single trade discount of 6.25% is allowed. Round to the nearest cent.

    $7.31

    $73.13

    $2.44 

10 points  

QUESTION 4

  1. Choose the one alternative that best completes the statement or answers the question. Solve the problem.

    Find the net price of a ring that lists for $316.50 if a discount rate of 15% applies.

    $47.48

    $48.48

    $270.03

10 points  

QUESTION 5

  1. Choose the one alternative that best completes the statement or answers the question. Solve the problem.

    The list price of a double roll of wallpaper is $32 . Use the net price rate to calculate the net price of a double roll of wallpaper if the discount rate is 30%.

    $9.60 

    $10.60

    $22.40

10 points  

QUESTION 6

  1. Choose the one alternative that best completes the statement or answers the question. Solve the problem.

    A recording studio purchased new sound equipment for a total of $50,500.00. The order has a trade discount of 10%.Use the net price rate to calculate the net price of the equipment.

    $45,450.00

    $49,995.00 

    $5050.00 

10 points  

QUESTION 7

  1. Solve the problem. Round amounts to the nearest cent and percents to the nearest tenth of a percent.

    Cost = $5.22; Selling price = $10.35. Find the markup.

    Markup: $5.13

    Markup: $15.57 

    Markup: $5.22 

10 points  

QUESTION 8

  1. Solve the problem. Round amounts to the nearest cent and percents to the nearest tenth of a percent.

    Markup = $16.15; Selling price = $95.00. Find the cost.

    Cost: $95.00 

    Cost: $78.85 

    Cost: $111.15

10 points  

QUESTION 9

  1. Solve the problem. Round amounts to the nearest cent and percents to the nearest tenth of a percent.

    A store manager paid $113 for an item and set the selling price at $132.21. What was the percent markup based on cost?

    14%

    17%

    15% 

10 points  

QUESTION 10

  1. Solve the problem. Round amounts to the nearest cent and percents to the nearest tenth of a percent.

    The Oak House had a markup of $24.87 on an oak table that they sold for $88.99. Find the cost and the percent of markup.

    $64.12, 27.9%

    $113.86, 21.8%

    $88.99, 27.9%