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Mathematics
Percentages
Markup and Cost
a rate of markup of 50% based on selling price is the same as a rate of markup of 100% based on cost. True or False
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true
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An item has a 45% markup based on selling price. What is the equivalent markup percent based on the cost?
A hardware store plans
Top answer:
If the selling price is 45% profit, then it is 55% cost. So, the markup is 44/55 = 80% use similar
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he wholesale cost of a delivery van is $31,300. The original markup was 26% based on selling price. Find the final sale price
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To find the final sale price after a series of price changes, we need to calculate the selling price
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The spoilage rate on a shipment of wheat is expected to be 20%. It was purchased at a cost of $5.35 per bushel. What should the
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0.94p = 5.35/.80 p = 7.11
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To find the final sale price after a series of price changes, we need to follow the given steps. You
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If the selling price for a product is $4/kg, and the Rate of Markup on Cost is 40%.
What is the selling price? and the amount of
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My apologies!! my question is What is the cost price, and the amount of markup
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markup rate base on selling price =22%; markup =$270. find the selling price
Top answer:
0.22x = 270 Solve for x.
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A furniture store sells recliners at a 70% mark-up (based on price). If the recliner costs the store $240, what price will they
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This is a simple question, why are you making it so complicated? Cost to store = 240 markup = 70% so
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Icelandic skis are marked up 75% on cost. What is the equivalent rate of markup based on selling price?
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let the cost price be x then selling price = 1.75x profit = .75x rate based on selling price =
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The wholesale cost of a video game is $459.45. The original markup was 51% based on selling price. Find the final sale price
Top answer:
(459.45)/(1-0.51)(1+.24)(1+.17)(1-.10) = 1224.31
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The wholesale cost of a video game is $459.45. The original markup was 51% based on selling price. Find the final sale price
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To find the final sale price after the series of price changes, we need to apply each markup and
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