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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:

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what is the answer. A pet store sells a large dog kennel for $98.50. The wholesale cost of the kennel is $63.55. What is the percent of markup Round to the nearest percent.?

To calculate the percent markup, you first need to find the markup amount, which is the selling price minus the wholesale cost: $98.50 - $63.55 = $34.95. Then, divide the markup amount by the wholesale cost and multiply by 100 to get the markup percentage: ($34.95 / $63.55) * 100 ≈ 55%. Therefore, the percent markup for the dog kennel is approximately 55%.


How do you find the selling price of something if the cost is 5.50 and the percent markup is 75 percent?

Multiply by 1.75


How do you find the percent of markup?

(Selling Price - Cost price)/Selling Price * 100


A pair of cuff links which sells for 100.00 has a markup rate of 10 percent on the selling price Find the amount of the markup and the cost?

1o=90


How do you find the markup of 50 percent a 200 dollar suit?

Calculate the marginal cost of producing the suit. In an ideal, competitive world, the marginal cost = price, so this will be our base. Then you simply find 200 - marginal cost and this provides you the markup.


A car seller buys a car from a manufacturer for 8000. He increases the cost by 6 percent. What is the markup value?

To find the markup value, first calculate 6 percent of the purchase price of the car. This is done by multiplying 8000 by 0.06, which equals 480. Therefore, the markup value is 480.


What is the retail price for, original price: $64; Markup: 15%?

First we have to find the markup amount, which is the original price times the markup percentage: $64 * 15% This is the same as: $64 * 0.15 = $9.60 Now we add the markup amount to the original price to get the retail price: $64 + $9.60 = $73.60 The retail price is $73.60


What is mark up percent if cost to store is 75 and selling price is 180?

To calculate the markup percentage, you first need to find the markup amount by subtracting the cost from the selling price: 180 - 75 = 105. Then, divide the markup amount by the cost price and multiply by 100 to get the markup percentage: (105 / 75) * 100 = 140%. Therefore, the markup percentage in this scenario is 140%.


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.


A pharmacy eants to increase the price of a product by 35 percent how much would an item cost with this markup if its original cost was 6.75?

To calculate the new price after a 35 percent markup on an item that originally costs $6.75, multiply the original price by 0.35 to find the increase: $6.75 × 0.35 = $2.36. Then, add this increase to the original price: $6.75 + $2.36 = $9.11. Therefore, the item would cost $9.11 after the markup.


How do you find markup?

1. Determine your product/service cost. How much did it cost you? As an example, let's assume the product cost is $1.40.2.Determine the percentage markup you wish to apply. Research your industry to apply a markup that will be competitive. In this example, we will use 30 percent.3. Convert the percentage markup to a decimal. In this case, a 30 percent markup would translate to 0.30 (30 divided by 100).4. Subtract the decimal in STEP 3 from 1. In this example, 1 minus 0.30 equals 0.70.5. Compute the total selling price by taking the cost from STEP 1 and dividing it by the result from STEP 4. In this example, $1.40 is divided by 0.70. The result is $2.00, which should be the total selling price.6. Calculate the price markup by subtracting the product cost from the selling price. In this example, the $2.00 selling price minus the $1.40 product cost gives you a price markup of $0.60.


How do you find out the cost of a item from retail with a 100 percent mark-up?

A 100% mark up doubles the selling price.