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It represents the profit margin of the retailer. Without that the retailer could not remain in business.
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A toy store's markup rate is 28 percent of the wholesale price What is the retail price of a toy that has a wholesale price of 8?
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
What is the percent markup on a pair of shoes selling for 120.00 that had a wholesale cost of 80.00?
50% markup.
How do pricing percentage markups work For instance does 100 percent markup double the price Or would that be a 200 percent markup?
100 percent markup will double the price. 200 percent markup would triple the price. (For markup read increase.)
A tradesman allows a discount of 15 percent on the written price how much above the cost price must he mark his goods to get a profit of 19 percent?
p=wholesale price, m=markup p*m*(1-.15)=p*1.19 m*.85=1.19 m=1.19/.85=1.40 His markup must be at least 40%.
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.
What is the retail price when wholesale price is 200 and percent markup is 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.
A toy store's markup rate is 28 percent of the wholesale price What is the retail price of a toy that has a wholesale price of 8?
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
Wholesale price 23 markup 18 percent what is the new price?
The new price is 27.14
What is w the p of 100 a w?
The price of a with a 100% markup from the wholesale price would be twice the wholesale price. So, the price of w would be 200 a.
A bookstore markup for a textbook is 40 percent what is the wholesale price for a textbook that sells for50.75?
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.
If you brought something at wholesale price for 1.50 and sold this item for 20 what would the markup price be?
It is $18.50.
Wholesale price is 80 and percent of markup is 95 percent percent percent what is the sale price?
The sale price is $156.00
How to calculate Mark up opportunity cost?
For Retail Price question....If Retail price is 12,995. Markup % is 12. what was the wholesale price?
What is the wholesale price for a item sells for 213.90 at 130 percent markup price?
The formula is: 1.3y = 213.90 Where y = wholesale price. Solving for y: y = 213.90 / 1.3 y = $164.54
What is the difference in buying spa products at wholesale and retail price?
There is a large difference between wholesale and retail prices for any product. Wholesale price are much lower so the retailer is able to markup the price and make a profit off the sale of the item.
What is the difference between SRP and wholesale price a health food store pays say GNC?
Wholesale price is the price paid when buying on bulk. Usually a discounted prices. Srp is the suggested retail price or the markup suggested by the supplier or manufacturer.
Does net price refer to manufactures suggested retail price or wholesale price?
Net price is wholesale pricing. This usually indicates that the manufacturer does not have a set retail price for its product, and whatever you retail the product for is up to you. So check with your competitors as to what is the average markup on that product for your industry.
