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April 16, 2014

April 16, 2014

Posted by **PLEASEEEE PLEASEEEE** on Thursday, January 31, 2013 at 8:47pm.

Retail Price $99

Markup percent 80%

- Algebra -
**Jessica**, Thursday, January 31, 2013 at 8:51pm$80.19

- Algebra -
**PLEASEEEE PLEASEEEE**, Thursday, January 31, 2013 at 8:54pmHow do you get this answer? Can you explain it to me, please. Thank you

- Algebra -
**Jessica**, Thursday, January 31, 2013 at 8:57pmyou take .80and mutiply by 99, then take that answer and subtract it from 99

- Algebra -
**Reiny**, Thursday, January 31, 2013 at 9:05pmDon't think so ....

let the cost price be x

selling price (retail price) = 99

there was a 80% markup on cost price

1.8x = 99

x = 99/1.8 = 55

check:

cost price = $55

markup = .8(55) = $44

Selling price = 55 + 44 = 99

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