Question

The price of a bicycle is $200. It is reduced by 25%. The new price was...

The price of a bicycle is $200. It is reduced by 25%. The new price was reduced by a further 20%. This means a total discount of 45%. Do you agree or disagree? Explain your reasoning. Post both of your solutions for the Bicycle Sale problem. Explain the thinking in your solutions. In your explanation, compare and contrast your two solutions. If you were to choose one of your solutions, which would you choose and why?

Homework Answers

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
3. A coat originally costing $150 is reduced by 25% in a sale and, since nobody...
3. A coat originally costing $150 is reduced by 25% in a sale and, since nobody bought the coat, a further reduction of 20% of the sale price is applied. (a) Find the final cost of the coat after both reductions. (b) Find the overall percentage reduction, and explain why this is not the same as a single reduction of 45%.
1) You sell short 200 shares of Doggie Treats Inc. that are currently selling at $25...
1) You sell short 200 shares of Doggie Treats Inc. that are currently selling at $25 per share. You post the 50% margin required on the short sale. If your broker requires a 30% maintenance margin, at what stock price will you get a margin call? (You earn no interest on the funds in your margin account, and the firm does not pay any dividends.) A. $32.25 B. $31.50 C. $28.85 D. $35.71 2) You purchased 250 shares of common...
Quantitative Reasoning Problem 3 ACC 122 Assignment is to be completed as a Word Document, PDF,...
Quantitative Reasoning Problem 3 ACC 122 Assignment is to be completed as a Word Document, PDF, or on notebook paper and submitted through Moodle Compare two alternatives for financing - Issuance of common stock vs. Issuance of bonds. Northeast Airlines is considering two alternatives for the financing of the purchase of a fleet of airplanes. These two alternatives are: Issue 60000 shares of common stock at $45 per share. (Cash dividends have not been paid nor is the payment of...
SOC 3332 APPLIED SOCIAL PSYCH        GHA #1 Week 1     Name: ____________________________________    Date: ___________________     Each answer for...
SOC 3332 APPLIED SOCIAL PSYCH        GHA #1 Week 1     Name: ____________________________________    Date: ___________________     Each answer for Questions #1-4 will be evaluated using the following Grading Rubric http://www.rcampus.com/rubricshowc.cfm?sp=yes&code=E33X44 The grading criteria are: Content; Organization; and Writing Mechanics. Each is criteria is worth four points for a total of 12 points per question. Maximum score is 48 points. #1: Pick ONE of the compare/contrast questions and answer in 1-2 detailed paragraphs with supporting answers and citations. CLO1: Analyze: Students will draw connections...
Course Project Instructions =========================== For 50 consecutive days in early Spring, the numbers of Canadian geese...
Course Project Instructions =========================== For 50 consecutive days in early Spring, the numbers of Canadian geese and sparrows in a certain park in Kentucky are recorded. Geese 13, 16, 14, 12, 10, 10, 15, 10, 14, 12, 15, 13, 15, 11, 13, 14, 17, 15, 14, 11, 15, 15, 14, 10, 13, 13, 16, 10, 13, 10, 12, 13, 15, 13, 14, 15, 18, 16, 13, 11, 12, 15, 12, 13, 10, 15, 13, 13, 14, 13 Sparrows 45, 47,...
Cigarettes in Australia have long been subject to excise tax – a per cigarette tax levied...
Cigarettes in Australia have long been subject to excise tax – a per cigarette tax levied on the suppliers of cigarettes. (The tax applies to all tobacco products, however for the purposes of this exam assume cigarette and tobacco consumption are the same thing). In 2016 the federal government announced that the excise tax rate for cigarettes would rise by 12.5% a year for the next 4 years. Over this period tax revenue collected from the sale of cigarettes has...
‏____ 25. You recently sold to your brother 200 shares of Disney stock, and the transfer...
‏____ 25. You recently sold to your brother 200 shares of Disney stock, and the transfer was made through a broker, and the trade occurred on the NYSE. This is an example of: a. A futures market transaction. b. A primary market transaction. c. A secondary market transaction. d. A money market transaction. e. An over-the-counter market transaction. ‏____ 26. Which of the following statements is CORRECT? a. The New York Stock Exchange is an auction market with a physical...
The first part of the question is answered but if you could please explain and answer...
The first part of the question is answered but if you could please explain and answer both parts Student tuition at Boehring University is ​$150 per semester credit hour. The state supplements school revenue by ​$90 per semester credit hour. Average class size for a typical 3​-credit course is 50 students. Labor costs are ​$4 comma 400 per​ class, materials costs are ​$22 per student per​ class, and overhead costs are ​$27 comma 000 per class. The multifactor productivity ratio...
Excel Lab 2: Regression and Goal Seek In this lab, you will use Excel to determine...
Excel Lab 2: Regression and Goal Seek In this lab, you will use Excel to determine the equation of the model which best fits a set of ordered pairs obtained from data sets. You will enter data, graph the data, find the equation for the regression model, and then use that equation to make predictions for the dependent variable. You will use the goal seek to make predictions for the independent variable. Then you will consider how accurate your predictions...
(a) Develop proforma Project Income Statement Using Excel Spreadsheet (b) Compute Net Project Cash flows, NPV,...
(a) Develop proforma Project Income Statement Using Excel Spreadsheet (b) Compute Net Project Cash flows, NPV, IRR and PayBack Period (c) Develop Problem-Solving and Critical Thinking Skills 1) Life Period of the Equipment = 4 years 8) Sales for first year (1) $   200,000 2) New equipment cost $ (200,000) 9) Sales increase per year 5% 3) Equipment ship & install cost $     (35,000) 10) Operating cost: $ (120,000) 4) Related start up cost $       (5,000)     (60 Percent of...