Friday

August 1, 2014

August 1, 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

**Related Questions**

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

maths - A manufacture of furniture sells a sofa set to a retailer for Rs 23000....

maths - A manufacture of furniture sells a sofa set to a retailer for Rs 23000....

math - Julia solved this problem. Peter had a strip of leather 58.8 cm long. He...

maths-urgently needed - A manufacture of furniture sells a sofa set to a ...

maths - A manufacture of furniture sells a sofa set to a retailer for Rs 23000....

accounting - Kudos Leather Goods purchased the following items during the month...

accounting - Kudos Leather Goods purchased the following items during the month...

algebra - a survey of 70 customers was taken at a bookstore regarding the type ...

marketing - What resources does an International Internet retailer need other ...