The formula is:
1.3y = 213.90
Where y = wholesale price. Solving for y:
y = 213.90 / 1.3
y = $164.54
The new price is 27.14
Selling price = 18 + 18 x 105% = 18 + 18 x 105/100 = 36.90
Multiply the pre-markup price by 1.3
$35.71
A markup calculator helps you determine the selling price of a product but you have to know the original cost as well as the percent markup. You can get them online for no expense. I've linked one for you. http://www.pine-grove.com
The sale price is $156.00
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.
The new price is 27.14
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
The markup is 40%, so the bookstore sells the textbook at 140% of the wholesale price. To find the wholesale price, you divide the selling price by 1.40 (1 + 40%). Therefore, the wholesale price for the textbook is $36.25.
100 percent markup will double the price. 200 percent markup would triple the price. (For markup read increase.)
Selling price = 18 + 18 x 105% = 18 + 18 x 105/100 = 36.90
The price of a with a 100% markup from the wholesale price would be twice the wholesale price. So, the price of w would be 200 a.
The selling price would be 17.25 if it cost 15 and the percent of markup is 15.
It is $18.50.
Multiply the pre-markup price by 1.3
p=wholesale price, m=markup p*m*(1-.15)=p*1.19 m*.85=1.19 m=1.19/.85=1.40 His markup must be at least 40%.