1.

Calculate the cost for the following. Round dollar answers to the nearest cent.

	Selling Price	Markup Rate	Cost
	$20.41	35%	$

2.

Find the cost for the following item. Round your answer to the nearest cent.

	Markup Rate	Markup Amount	Cost
	33%	$17.56	$

3.

Solve the following word problem, using markup on cost. Round dollar answers to the nearest cent.

The desired profit of 40% based on cost is used on desk clocks, which sell for $18.

What is the cost of the clocks? $

What is the markup amount? $

4.

Calculate the markup rate based on the cost. Round percents to the nearest whole percent.

Cost	Selling Price	Markup Rate
$53.10	$66.38	%

5. Solve the following word problem, using markup on cost. Round dollar answers to the nearest cent.

A jewelry designer creates a bracelet that costs $18.50 to make. If she wants a 60% markup based on cost, what should be the selling price of the bracelet? $

6.

Find the selling price based on cost for the following item. Round your answer to the nearest cent.

	Cost	Markup Rate	Selling Price
	$429.60	45%	$

7.

Calculate the markup rate based on the cost. Round percents to the nearest whole percent.

Cost	Selling Price	Markup Rate
$38.90	$48.63	%