# math

a man makes chairs for \$87and sells for \$127.89. what is the percent markup for each chair based on the cost?
what is the process?
also another one as priced \$73 marked down and sold for \$54.75? what was the % markdown?

Alright Haydee, I'll make some guesses.
His profit is \$127.89 - \$87 per chair. How much is that? Since the cost is \$87, if you divide the profit by cost that should answer the first part.
I think (I'm not certain) this is called MU-%-C. Your text should provide some idea for this.
For the last one, the markdown should be \$73 - 54.75. If you put this over \$73 that should be the markdown %.
These terms are covered in some kind of business math course -which I didn't take. Hopefully someone else can verify these terms.

the way u explain is more understandable than my workbook.

Thanks for your confidence, but let's make sure the answers are right too.
To get the percent you need to multiply the decimals by 100.
Thus the first should be (127.89 - 87)/87 x 100 = 40.89/87 x 100 = 47%
You need to multiply the last one by 100 as well. It should be 18.25/73 x 100 = 25%

1. 👍 0
2. 👎 0
3. 👁 60

## Similar Questions

1. ### 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

asked by monica on June 20, 2016
2. ### maths

1. a man sells a tv for rupees 3450and makes a profit of 15% . he sells a second tv set at a loss of 10%.if on the whole he neither gains nor loses , find the cost price of the second tv. 2.a man sells two tables at the same

3. ### Algebra

david makes and sells chairs. The function p(x)=-10x^2+100x-210, graphed below, indicated how much profit he makes in a month if he sells the chairs for 10-x dollars each. what should david charge per chair to make the maximum

asked by Starcatcher on December 5, 2016
4. ### math

A backery makes loaves of bread for \$1.40 and sells them for \$1.75 per loaf. What is the percent markup on each loaf based on cost?

asked by Vickie on April 5, 2013
5. ### math

a lumberyard makes picnic tables for \$87.00 and sells them for \$127.89. what is the percent markupbon each picnic table based on cost?

asked by jean on December 8, 2012
6. ### algebra

David makes and sells chairs. The function p(x)=-10x^2 + 100x - 210 indicates how much profit he makes in a month if he sells the chairs for 10 - x dollars each. What should David charge per chair to make the maximum profit, and

asked by Anonymous on January 10, 2018

Working off an 22% margin, with markups based on cost, the Food Co-op Club boasts that it has 5,900 members and a 245% increase in sales. The markup is 49% based on cost. What would be its percent markup if selling price were the

asked by Ruthie on October 6, 2016
8. ### Math, are they all right?

1. A student raises her grade average from a 75 to a 90. What was the percent of increase in the studentâ€™s grade average? Round your answer to the nearest tenth of a percent, if necessary. A: 20% B: 16.7% C: 8.3% D: 15% *** 2.

asked by Lizzie on February 2, 2016
9. ### percentages/word problem

A refrigerator costs a company \$1,600 to manufacture. If it sells for \$3,456, what is the percent markup based on cost? (Round to the nearest whole percent.)

asked by Anthony on April 3, 2014
10. ### Math "Need Help Asap"!

"Find each percent of markup?" 5.)Store's cos:\$26 selling price:\$39 6.)Store's cost:\$125 selling price:\$168.75 7.)Store's cost:\$75 selling price:\$90 "Find each selling price round to the nearest cent?" 8.)"A Video game costs a

asked by #FreeGucci on May 27, 2016

More Similar Questions