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What is meant by perceived value of an item?
An approximate value in terms of Money that is guesstimated.
A sentence for approximate?
The approximate value of the item is $100.00.
What is the difference between a cash discount and a trade discount?
a cash is an amount deducted from the value of an item at time of purchase, while a trade discount is the deducted from purchase amount for an item of placed value surrendered at time of purchase.
How do you find the greatest value in a data set?
Put the first item in the data set into an empty memory location called, say, 'biggest'. Now compare the second and subsequent items in the data set with 'biggest'. If the item is larger than 'biggest' then put the value of the item in 'biggest', otherwise do nothing. By the time you have finished looking through the data set you will find that 'biggest' contains the greatest value in the data set.
What is the price of an item selling at 150 percent of its 63 value?
63150% = 63150/100 = 94.50
