Question

A toolbox is listed for 56 less 25%, 20%, and 5%. What is the price of the toolbox?

Answer 1

Answer:

Step-by-step explanation:

Suppose you were operating a bicycle shop and selling adult mountain bikes that cost $200

each from your supplier. Using a cost plus approach you might add a 20% markup to the cost of

bikes sold in the shop in order to cover your additional expenses and make a profit. In this case,

you would charge your customers $240 for the bikes, and your resulting profit percentage would

be $40/$240 = 162

∕

3%. If, however, you wanted to price the bikes in order to earn 20% profit, you

would have to charge your customers $250 for the same bicycles ($50/$250 5 20%).

Answer 2

Sinocentrism

Sinocentrism refers to the ideology that China is the cultural, political or economic center of the world