Problem 1
Royal Furniture bought a sofa for $960. The sofa had a $1,560 list price. What was the trade discount rate Royal received? (Round your final answer to the nearest hundredth percent.)
Amout paid________
Discount amount__________
Portion=__________
Base=___________
Rate=__________
Problem 2
Misu Sheet, owner of the Bedspread Shop, knows his customers will pay no more than $130 for a comforter. Misu wants a 30% markup on selling price. What is the most that Misu can pay for a comforter?
Cost=__________
Selling price =______________
Portion=__________
Base=___________
Rate=__________
Solving for =___________