100 percent markup will double the price. 200 percent markup would triple the price. (For markup read increase.)
60
a markup percent
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.
Nothing particular. The markup on drinks in restaurants often is.
100 percent markup will double the price. 200 percent markup would triple the price. (For markup read increase.)
60
a markup percent
percent markup = 18%
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.
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.
Nothing particular. The markup on drinks in restaurants often is.
Multiply the pre-markup price by 1.3
The typical markup is only about 10-15.%
3962 -1162 = 2800 which is dealer cost markup % = (3962/2800 - 1) times 100 to get percent = 41.5%
$4.47
The selling price would be 17.25 if it cost 15 and the percent of markup is 15.