Question
(Please show all your calculations) the markup selling price formula is Cost/ 1 - Markup %=selling price 1.An appliance retailer purchased a small vacuum cleaner
(Please show all your calculations)
the markup selling price formula is Cost/ 1 - Markup %=selling price
1.An appliance retailer purchased a small vacuum cleaner for $29.00.He plans to take a 35% markup.What will the selling price be?
2.If a retailer sells a coat for $249.99.What was his markup if he bought the coat for$168.33.
Markupin actual dollars________
Express markup as a % of cost________
Express markup as a % of selling price________
3.The Cosby Company sells water fountains through wholesalers and retailers.The retail selling price is $950.00 and the manufacturing cost to the company is $400.00.The retail markup was 40 percent and wholesale markup was 25 percent.
- What was the cost to the wholesaler?__________________
- What was the cost to the retailer?_____________________
- Whatwas the producers markup in dollars_________________
Expressed producers markup as a percentage of cost____________ andpercentage of selling price__________________
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