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(a) The cost price of an armchair is $224.56 and the rate of mark-up on cost is 32.5%. Calculate the selling price. (1 mark) (b)
(a) The cost price of an armchair is $224.56 and the rate of mark-up on cost is 32.5%. Calculate the selling price. (1 mark)
(b) Calculate the cost price of a bottle of perfume if the selling price is $32.87 and the mark-up on cost is 27.5%. (1 mark)
(c) Maries Gifts and Collectibles purchased scented candles for $26.76 per dozen. If the candles are sold for $3.19 each, calculate the mark-up on the cost price correct to two decimal places. (1 mark)
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