Expert answer:I need help with multiple choice questions
Answer & Explanation:QUESTION 1Choose 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.$11.64$68.81$68.31$12.14 10 points QUESTION 2Choose 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 3Choose 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.$41.44$7.31$73.13$2.44 10 points QUESTION 4Choose 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.$269.03$47.48$48.48$270.0310 points QUESTION 5Choose 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%.$23.40$9.60 $10.60$22.4010 points QUESTION 6Choose 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.$505.00$45,450.00$49,995.00 $5050.00 10 points QUESTION 7Solve 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: $10.35Markup: $5.13Markup: $15.57 Markup: $5.22 10 points QUESTION 8Solve 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: $16.15 Cost: $95.00 Cost: $78.85 Cost: $111.1510 points QUESTION 9Solve the problem. Round amounts to the nearest cent and percents to the nearest tenth of a percent.A store manager paid 3 for an item and set the selling price at $132.21. What was the percent markup based on cost?16%14%17%15% 10 points QUESTION 10Solve 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, 38.8%$64.12, 27.9%$113.86, 21.8%$88.99, 27.9%
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