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Keelah's clothing store buys coats for 50 and sells them for 80. what is the percent of markup on the price of the coat?
1o=90
The answer is the percentage gross profit made is 71.47 .
The retail price markup is usually 100 percent. Lawn and garden equipment sells at high prices at the beginning of the season and is usually lowered as the season goes along.
Break-even is 8,000 units. 100,000/(28-15.50)=8,000
Cost = 2.00 Markup = 3.00-2.00 = 1.00 Markup as percentage of cost = 1.00/2.00 * 100 = 50 %
What type of markup does a liquor store make on it’s good that it sells, liquor
Keelah's clothing store buys coats for 50 and sells them for 80. what is the percent of markup on the price of the coat?
So that whoever sells it can make a profit.
1o=90
The answer is the percentage gross profit made is 71.47 .
127.89 - 87 = $40.89 40.89 / 87 = 0.47 therefore, its a 47% markup
Best Buy sells CPU's,but they have a pretty high markup.
2.22
The retail price markup is usually 100 percent. Lawn and garden equipment sells at high prices at the beginning of the season and is usually lowered as the season goes along.
47%
55%