00:01
In this problem, we are given that a personal computer pc is bought for $1 ,850, less 32 % and 17%.
00:18
And it is sold for $1 ,575.
00:26
So here, in this problem, in subpart a, we are asked to find out the markup as a percentage of the cost of the personal computer.
00:40
So for that, let us first find out the cost price.
00:44
So the cost price, cp equals to 1 ,850 times 1 minus 32 % which is 0 .32 minus 17 % which is 0 .17.
00:57
So this equals to 1 ,850 times 0 .51.
01:04
So multiplying both of these, we have the cost price to be 943 .50.
01:10
Next, we have the selling price to be given to be 1 ,575.
01:17
So now let us find out the markup as a percentage of cost.
01:23
So in this case, we have the selling price minus the cost price divided by...