Fanny mendelssohn manages all the magazines and paperback books at a local grocery store. she prices many paperbacks to sell at $7.99. the cost to the store is $5.29. what is the markup rate on a paperback book, based on its cost?
Acompany produces packets of soap powder labeled βgiant size 32 ounces.β the actual weight of soap powder in such a box has a normal distribution with a mean of 33 oz and a standard deviation of 0.7 oz. to avoid having dissatisfied customers, the company says a box of soap is considered underweight if it weighs less than 32 oz. to avoid losing money, it labels the top 5% (the heaviest 5%) overweight. how heavy does a box have to be for it to be labeled overweight?