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If the cost is 75 and markup based on cost is 45 what is the selling price?
Mexikid
If you have a pair of jeans that a store bought for $75.00 and they mark it up 45%, then you multiply 75.00 x 0.45 = $33.75. So you add 75.00 to 33.75 and you sell the jeans for $108.75..
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∙ 15y ago
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What is the correct formula when markup is based on selling price?
The correct formula when markup is based on the selling price is selling price is equal to the markup plus the cost. This enables traders make profits.
How do you get a cost price and a markup if you know the selling price and profit?
Selling price less profit equals cost price. The markup is the profit plus cost price.
Assuming the same percentage is used in each case what is higher a Markup based on selling price b Markup based on cost?
D
What is the selling price if it cost 15 and the percent of markup is 15?
The selling price would be 17.25 if it cost 15 and the percent of markup is 15.
What is Markup Income?
Markup income typically refers to the profit or revenue generated by adding a markup or margin to the cost of goods or services. In business and finance, "markup" is the amount added to the cost of producing or purchasing a product or service to determine its selling price. The markup is essentially the difference between the cost of production and the final selling price. The formula for calculating markup is: Markup = Selling Price − Cost Price Markup=Selling Price−Cost Price Markup is often expressed as a percentage of the cost price. The formula for calculating the markup percentage is: Markup Percentage = ( Markup Cost Price ) × 100 Markup Percentage=( Cost Price Markup )×100 So, markup income is the additional revenue or profit earned by a business through the application of a markup to its costs. This concept is commonly used in various industries to determine pricing strategies and to ensure that businesses cover their costs and generate a profit. you can get more explanation when you click this link and learn everything about markup income
How do you find the percent of markup?
(Selling Price - Cost price)/Selling Price * 100
How do you find the cost and the selling price if you know the markup price 130.50 and the markup percentage 58?
There is no cost for which a 58% markup would give a price of 130.50.
What is the equivalent markup based on cost of a water fountain that is marked up 84 percent based on the selling price?
150
How do you calculate selling price if you know the profit mark up and cost price?
Cost price * markup + tax = selling price
What is selling price minus cost?
Markup
How do you calculate cost price when the selling price and markup is given?
you minus it
What is the selling price if the cost is1260.45 and markup is 6.80?
if it is 6.80 dollars markup, selling price would be 1267.25. if 6.8%, it'd be 1346.16
