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The selling price would be 17.25 if it cost 15 and the percent of markup is 15.
$4.47
simply multiply the wholesale price by the percentage markup (in this case 28%) to get the answer, for example: 8 x 0.28= 2.24 then add the answer to the original price 8 + 2.24= 10.24
Multiply by 1.75
3962 -1162 = 2800 which is dealer cost markup % = (3962/2800 - 1) times 100 to get percent = 41.5%
The selling price would be 17.25 if it cost 15 and the percent of markup is 15.
The sale price is $156.00
(Selling Price - Cost price)/Selling Price * 100
The retail price will be 400 dollars. This is a high markup percent. You can get so many deals by participating in auctions or going through wholesale places.
Selling price = 18 + 18 x 105% = 18 + 18 x 105/100 = 36.90
The new price is 27.14
$4.47
The markup is 40%, so the bookstore sells the textbook at 140% of the wholesale price. To find the wholesale price, you divide the selling price by 1.40 (1 + 40%). Therefore, the wholesale price for the textbook is $36.25.
simply multiply the wholesale price by the percentage markup (in this case 28%) to get the answer, for example: 8 x 0.28= 2.24 then add the answer to the original price 8 + 2.24= 10.24
Multiply by 1.75
3962 -1162 = 2800 which is dealer cost markup % = (3962/2800 - 1) times 100 to get percent = 41.5%
The formula is: 1.3y = 213.90 Where y = wholesale price. Solving for y: y = 213.90 / 1.3 y = $164.54