Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Jana's Boutique purchased 25 blouses for $1133. It sold 12 of the blouses for $87 each, 7 blouses for $61 each, and the remaining blouses

image text in transcribed

Jana's Boutique purchased 25 blouses for $1133. It sold 12 of the blouses for $87 each, 7 blouses for $61 each, and the remaining blouses for $45 each. Find (a) the total amount received for the blouses, (b) the total markup, (c) the markup percent on selling price, and (d) the equivalent markup percent on cost. (a) The total amount received for the blouses was $ (Simplify your answer.) (b) The total markup was $ (Simplify your answer.) (c) The markup percent on selling price was% (Round to the nearest tenth as needed.) (d) The markup percent on cost is %. (Round to the nearest tenth as needed.)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Analysis For Financial Management

Authors: Robert Higgins

7th Edition

0072863641, 9780072863642

More Books

Students also viewed these Finance questions

Question

=+1.5. 1 The Cantor set C can be defined as the closure of A3(1).

Answered: 1 week ago