discount =50
A 100% mark up doubles the selling price.
Multiply the retail amount of the item by 0.2857 for 40% mark up. That number is the mark-up amount. Just subtract that number from retail amount and That is the cost. Learn how to write this equation and the multiplier of 50%, 75% and more at:www.mathtestingtutor.com
Cost Price=(100/(100-loss percent))* Selling Price
find cost price if selling price =600 and profit=20%
Retail = cost*(1+markup/100)
Multiply the retail cost by 0.19
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if profit , discount % and cost price is given write the formulae to fine cost price
discount =50
A 100% mark up doubles the selling price.
i dont know this answer sorry!
Multiply the retail amount of the item by 0.2857 for 40% mark up. That number is the mark-up amount. Just subtract that number from retail amount and That is the cost. Learn how to write this equation and the multiplier of 50%, 75% and more at:www.mathtestingtutor.com
retail inventory retail inventory retail inventory
=(retail - cost) / retail
Cost Price=(100/(100-loss percent))* Selling Price
find cost price if selling price =600 and profit=20%