Monday

September 22, 2014

September 22, 2014

Posted by **Anonymous** on Thursday, December 12, 2013 at 4:30pm.

- Math -
**Steve**, Thursday, December 12, 2013 at 5:00pmIf the markup was 45% of the selling price, the cost was 55%, so the markup based on cost was 80%.

So, if the cost was c,

1.8c = 600

c = 333.33

The sale price was 75% of 600, or 450.

So, the markup was 116.66

the sale price of 450 is thus a markup of

50% of cost

26% of selling price

**Answer this Question**

**Related Questions**

Marketing Math - markup/mark down - A clothing retailer purchased a line of fall...

math - A retailer wants to sell an item that costs $18 at a list price that will...

math - A stationery retailer generally prices portable computers using a 30 ...

math - An item has a 45% markup based on selling price. What is the equivalent ...

Math - A retail outlet purchased 300 printers at a list price of $100 less 7%, ...

math - The wholesale cost of a video game is $459.45. The original markup was 51...

math - The wholesale cost of a video game is $459.45. The original markup was 51...

MATH(markup and markdown ) - A hi-fi set was purchased for RM7000.The hi-fi set ...

MATH(markup and markdown ) - A retailer bought an item for RM40 less 10% and 5%....

Business Math - A furniture store sells recliners at a 70% mark-up (based on ...