Magda imported a dresser and marked it up by 35% on cost. The amount of markup was

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Magda imported a dresser and marked it up by 35% on cost. The amount of markup was $157.50.

a. How much did she pay for the dresser?

b. What was the markup as a percent of the selling price?

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Mathematics Of Business And Finance

ISBN: 9781927737545

4th Edition

Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans

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Question Posted: Sep 19, 2024 06:04 AM

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Magda imported a dresser and marked it up by 35% on cost. The amount of markup was

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