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Earn +20 ptsQ: What is an items retail price minus markup?
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How do you calculate cost price when the selling price and markup is given?
you minus it
What is selling price minus cost?
Markup
What is retail price markup on lawn and garden equipment?
The retail price markup is usually 100 percent. Lawn and garden equipment sells at high prices at the beginning of the season and is usually lowered as the season goes along.
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
How do you minus vat?
Work out 17.5% (current vat rate 2010) of the items price then minus the answer from the original price of the item
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