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The store made a 60 profit on the 180 selling price of the coat What was the store's profit?
Wiki User
∙ 8y ago
I assume your question is 60 percent profit on 180 selling price.
The store cost is x, and the profit is 0.60x; the selling price is 180, then
x + .60x = 180
1.6 x = 180 x
x = 112.50 = cost
.60x = 67.50 = PROFIT
Wiki User
∙ 8y ago
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If a store uses a selling price based markup of 40 percent and an item costs the store 300 what selling price would the store set for the item?
420
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Define net price?
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If a store uses a selling price - based markup of 40 and an item costs the store $300 what selling price would the store set for the item?
420
If a store uses a selling price based markup of 40 percent and an item costs the store 300 what selling price would the store set for the item?
420
If a store uses a selling price- based markup of 40 percent and an item costs the store 300 what selling price would the store set for the item?
420
How can you generate revenue in retail store?
By successfully selling items at a substantial profit.
A store for selling or trading products?
car trading stores
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The manufacturers suggested retail price of the most current ipod shuffle is $120. Usually stores increase price to make their own profit. The price increases about 20 percent depending on the store.
Which store has the best sale price on Kitchenaid Mixers?
CHEFS Catalog currently has the best sale price on Kitchenaid Mixers at $119.99. Other stores are selling Kitchenaid Mixers for anywhere between $179 and $500.
What is the business of buying and selling people for a profit?
Having a store with bikes for sale would be an example.
Why do prices on the same product vary between stores?
Usually what happens in stores is that the store owners buy the goods and then sell them. So now they may sell these goods at a higher price for a profit or a lower price for a loss. The prices are regulated in case of authorised/ exclusive showrooms by the manufacturer.
Is mark up based on selling price or cost?
Mark up is how much money that the store thinks it can make by selling the product. It is the difference between cost and selling price.
