1.

Calculate the markup rate based on selling price for the following item. Round percents to the nearest whole percent.

	Cost	Selling Price	Markup Rate
	$151.21	$288.00	%

2.

Complete the following word problem.

What is the cost if the markup is 55% of the selling price and the selling price is $128? Round dollar amounts to the nearest cent. $

3. Complete the following word problem.

What is the cost of an item that sells for $130 and 60% markup is based on selling price? Round dollar amounts to the nearest cent. $

4. Complete the following word problem.

An item's selling price is $19.99 and the markup amount is $12.12. What is the cost? Round dollar amounts to the nearest cent. $

5. Complete the following word problem.

A lamp sells for $125.50 and costs $59.80. What is the markup rate based on selling price? Round percents to the nearest whole percent. %

6.

Calculate the selling price when cost and markup rate are based on selling price for the following item. Round dollar amounts to the nearest cent.

	Cost	Markup Rate	Selling Price
	$59.50	33%	$