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(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.

  1. What was the cost to the wholesaler?__________________
  2. What was the cost to the retailer?_____________________
  3. Whatwas the producers markup in dollars_________________

Expressed producers markup as a percentage of cost____________ andpercentage of selling price__________________

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