Calculate the Missing Information, Rounding Dollars to the Nearest Cent

question 54

Short Answer

Calculate the missing information, rounding dollars to the nearest cent and percents to the nearest tenth percent: $$\begin{array} { l l l l l l } & & \text { Amount of } & \text { Selling } & \begin{array} { l } \text { \% Markup } \\\text { based on }\end{array} & \begin{array} { l } \text { Markup Based } \\\text { on Selling }\end{array} \\\text { Item } & \text { Cost } & \text { Markup } & \text { Price } & \text { Cost } & \text { Price } \\\text { i Phone } & & \$ 82.00 & & & 16.4 \%\end{array}$$

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Definitions:

Incorporator

An individual who applies for incorporation on behalf of a corporation.

Promoters

Individuals or companies that initiate and take the responsibility for setting up a business or company.

Government

The organization, or the apparatus, through which a political unit exercises authority and performs functions and which is usually classified as parliamentary or presidential.

Public Corporation

A corporation that is created by government to help administer law.