Diamonds are generally marked up 100% from wholesale. if you offer a discount of 25% from the normal price on a diamond ring that originally cost you $275 wholesale, at what price are you offering the ring?

$412.5

Explanation:

First, we have to calculate the sale price of diamond at which i will be selling in normal circumstances

Normal selling price=Cost price+100%*Cost price

                               =275+100%*275

                               =$550

Now apply the discount rate of 25% to the normal selling price to caculate the actual offer price

Actual offer price=550*75%=$412.5

you will have $2593.74 in 10 years if you set aside $1,000 at 10%

you will have $9321.91 in 20 years if you set aside $2000 at 8%

you will have $1469.32 in 5 years if you set aside $1000 at 8%

you will have $1296.87 in 10 years if you set aside $500 at 10%

you will have $239.66 in 15 years if you set aside $100 at 6%

you will have $4660.96 in 20 years if you set aside $1000 at 8%