Question
A bottle of vitamins costs a pharmacy $23.03. The bottle is marked up by 30% of selling price. a. What is the selling price? (Round
A bottle of vitamins costs a pharmacy $23.03. The bottle is marked up by 30% of selling price. |
a. | What is the selling price? (Round your answer to 2 decimal places.) |
Selling price | $ |
b. | What is the rate of markup on cost? (Round your intermediate calculations to 2 decimal places and round your answer to 2 decimal places.) |
Rate of markup | % |
c. | If the vitamins are marked down by 20% as the expiration date approaches, calculate D, the dollars of markdown. (Round your intermediate calculations to 2 decimal places and round your answer to 2 decimal places.) |
Dollars of markdown | $ |
d. | What is the reduced selling price? (Round your intermediate calculations to 2 decimal places and round your answer to 2 decimal places.) |
Reduced selling price | $ |
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