Problem #1-The Summertime Auction House
Directions: Use the attached sheets to head and l...
Mathematics, 28.02.2020 05:55, emma4113
Problem #1-The Summertime Auction House
Directions: Use the attached sheets to head and label each step as to what the task is and then show/label work under that task heading Number each task followed by each part to accomplish the task, example: Problem 1: Find the total money collected by the Summertime Auction House - Task A: Solve for the total of all items sold, show verbal models/label work. Task B: -Solve for the % of tax on all items sold, then show verbal modes/label work, Task C: Find total do Summertime Auction House, etc. until the problem is completed, The total amount do Summertime Auction is involves money, round all final answers to the 100 place. Lost in any step? Think of how to apply those things that we have learned such as: Commission, sales tax, profit. % changes as an increase or decrease, finding the %, part, or whole. Problem 2: . Since this problem
Given:
You are an Auctioneer (look it up or ask if needed) and have sold ten items, a plano e$2,125, a Pakistani hand woven rug @$5,000, a Tiffany lamp @ $875, and other miscellaneous items totaling $520. California Tax rate is 9% and the Summertime Auction house adds an auction fee to the items that goes to the auctioneer for their services. The auctioneer received $681.60. Note that the auctioneer does not get any portion of sales tax because if we think about it, they did not sell any tax.
Your job is to: Problem 1: Find the total amount owed to the auction house at the end of the day. Problem 2: Find the percent commission that the auctioneer charges for services, Problem 3: Find the percent change in total funds received after the auctioneer has been paid excluding tax.
can someone please help me solve this it's worth 20 points of my grade but I don't get it my teacher wants it due tomorrow please.
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