Answers On Mark Up/Down & Discount

Append below the answer to the questions on financial mathematics on Mark up/down & discount:

FINANCIAL MATHEMATICS

ANSWERS ON MARK UP/DOWN/DISCOUNT

1.

(a) 25% (b) 18.75%

2.

$10,800

3.

$150

4.

26.67%

5.

(a) $136.62 (b) $44.55 (c)$56 (d)33%

6.

(a) $613.70 (b) $1,003.20 (c) $246 (d) $55.33

7.

$32

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