1. Questions

MATH?!!?

a store sells ladders.
. the retail price was a 40m percent markup over the manufacturer price.

.a month later, the store reduced the retail price of the ladder by 25 percent

What percent markup is the new retail price over the manufacturer price?

  1. 👍 2
  2. 👎 1
  3. 👁 1,623
Abi

  1. 1.4*.75 = 1.05
    so, a 5% final markup

    1. 👍 2
    2. 👎 0
    Steve

  2. where did you get 1.4 and .75? please explain.

    1. 👍 2
    2. 👎 0
    May

  4. looks like you need to read about what a markup means
    A 40% markup means you add 40% to the price. So, if the price is $x, you wind up with

    x + 0.4x = x(1+.4) = 1.4x

    we don't need to carry around all those x's, we just need to know that the price after a 40% markup is 1.4 times what it started out.

    Same for the 25% discount. 1 - .25 = .75

    1. 👍 3
    2. 👎 2
    Steve

  5. I am still a bit confused...

    1. 👍 0
    2. 👎 0
    Anonymous

  6. The easiest way to see it is to run an example:
    $10 dollar cost to store.
    40 percent markup would make the price $14.00.
    a 25 percent discount would be $3.50 off or $10.50
    Price to store is still $10.00.
    The new price gives them a $0.50 markup or 5% of $10.00

    1. 👍 2
    2. 👎 0
    John

  8. Me confused'

    1. 👍 0
    2. 👎 2
    Anonymous

  9. 1+1 is 2. 2+2 is 4. Then you take the derivative and substitute it for a spontaneous reaction, where a single-celled organism is created and the 1.4-1.35 is .5, which is 5%

    1. 👍 0
    2. 👎 2
    jeff

  10. I'm am very confused, because i'm just starting with theses problems, pls explain more specifically!!!

    1. 👍 3
    2. 👎 1
    Naomi

  12. So first there's a retail price and they put a markup of 40 percent.
    Lets say X=1
    40 percent also equals .4
    1*.4=.4 +1=1.4
    Then the store reduced the retail price of the ladder by 25%=.25
    1-.25=.75
    Take 1.4 and .75 and multiply them
    1.4*.75=1.05
    We can do 1.05-x(1)=.05
    .05*100=5%
    Hope this helped I just figured it out

    1. 👍 6
    2. 👎 2
    Kiki

  13. 100%+40%=140%
    100%-25%=75%

    1. 👍 1
    2. 👎 2
    Anonymous

  14. you are all adjust

    1. 👍 0
    2. 👎 0
    dead

  16. i meant to say you are all

    1. 👍 1
    2. 👎 2
    dead

Respond to this Question

First Name

Your Response

Similar Questions

  1. math

    The wholesale cost of a video game is $459.45. The original markup was 51% based on selling price. Find the final sale price after the following series of price changes: a markup of 24%, a markup of 17%, and a markdown of 10%.

  2. math

    An Apple Computer Center sells computers for $1,192.80. Assuming the computers cost $10,080 per dozen. a. Find the dollar markup for each computer. (Round your answer to the nearest cent.) Dollar markup $ b. Find the percent

  3. Math

    he wholesale cost of a delivery van is $31,300. The original markup was 26% based on selling price. Find the final sale price after the following series of price changes: a markup of 46%, a markup of 15%, a markdown of 40%, and a

  4. math

    Find the percent markup based on selling price, if the percent markup based on the cost is 14%. (Round to the nearest tenth percent.)

  1. MATH(markup and markdown )

    3.THE markdown percent for a camera is 20%.if the new retail price is RM250, find the old retail price.

  2. Math

    A drugstore sells a drug costing $85 for $112 and drug costing $175 for $238. A, If the markup policy of the drugstore is assumed to be linear, write an equation that expresses retail price R in terms of cost C (wholesale price).

  3. Math

    A retailer returned 2485 defective items to the manufacturer and received a credit for the retail price of $0.86 2/3¢ per item less a discount of 5/6 of the retail price. What was the amount of the credit received by the​

  4. MATH

    Misu Sheet, owner of the Bedspread Shop, knows his customers will pay no more than $110 for a comforter. Misu Sheet wants to advertise the comforter as "percent markup on cost." a. What is the equivalent rate of percent markup on

  1. math

    THE markdown percent for a shirt is 20%.if the old retail price was RM40,find the new retail price.

  2. Algebra Grade 7

    a music store buys compactc discs for $12 each and sells them for $15 each. what is the percent of markup on these compact discs

  3. math

    An item has a 45% markup based on selling price. What is the equivalent markup percent based on the cost? A hardware store plans to sell its best-quality floor tiles for $18 each. This is a 38% markup based on selling price. Find

  4. math

    If a store owner buys a microwave for $200 and sells it for $275. What is the percent markup based on cost?

You can view more similar questions or ask a new question.