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Cask'n'Cork wine shop has a markup rate of 12.9% on cost. What price will the shop charge for a bottle of wine that costs $18.60?
Cask'n'Cork wine shop has a markup rate of 12.9% on cost. What price will the shop charge for a bottle of wine that costs $18.60? Round the answer to the nearest cent if necessary. Find Selling Price = $ ? Part 2. What is the wholesale price of an item, if the retail price is $45 and the amount of markup is $9? Find Wolesale price =$ ? Part 3. Victoria bought a bracelet at original cost $12 to sell in her handicraft store. The markup was 40% on selling price. a) Find the selling price. b) Find the amount of the markup. Part 4. A shirt was originally priced at $55. The store is having a 45% sale. a) How much will you pay for the shirt after the discount (not including tax)? b) Find Reduced selling price = $ ? Part 5. Pet Value paid $107 for a dog bed. Expenses are 16% of selling price and the required profit is 17% of selling price. Round ALL answers to the nearest cent if applicable. a) What is the regular selling price? b) What is the break-even selling price? c) During an inventory sale, the dog bed was marked down 30% on the regular selling price. What is the sale price? d) What is the operating profit or loss during the inventory sale (use a negative sign (-) for a loss)? Part 6. Pet Value paid $64 for a dog bed. Expenses are 23% of cost and the profit is 24% of cost. Round the answers to the nearest cent if necessary. a) What is the regular selling price? b) To help clear inventory, the dog bed was sold at break-even during a sale. What is the break-even selling price? Part 7. The Cook's Paradise paid $127 for a kitchen knife set. Expenses are 18% of cost and the profit is 20% of cost. a) What is the regular selling price? b) If the knife set is sold at cost, what is the resulting profit or loss? (Use a negative sign (-) if there is a loss.) $
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