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Find the cost of one dozen grills

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Question - George E. Foreman grew up on the tough streets of Houston's Fifth Ward area, and as a young kid he was always getting into trouble. He joined the Job Corps and his life changed. One of the counselors noticed that he was always into fights, so he decided that George should put all of his energy into something positive. Thus began a successful boxing career, after which George started a business selling grills. If there is one thing George Foreman knows, it is good cooking!

1. Kitchen Crafters purchased George Foreman grills listed at $82.50 with a trade discount of 20>10. Find the cost of one dozen grills.

2. George Foreman's best grill lists for $119.99. The manufacturer gives a 25>10 trade discount and offers a cash discount of 3>15, net>30. Find the cost to Kitchen Crafters if both discounts are earned and taken.

3. The list price of a George Foreman Grill Cookbook is $16.95. If the cookbook is offered at a reduced price of $13.95 when purchased in bulk, what is the percent of markdown? Round to the nearest tenth of a percent.

Reference no: EM133053708

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