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Author Question: Won Yin imports furniture and sells through several outlet stores. Yin's markup for imported tables ... (Read 115 times)

rlane42

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on: Jun 24, 2018
Won Yin imports furniture and sells through several outlet stores. Yin's markup for imported tables is 125 based on cost. If a table sells for 877.50, how much did it cost?

Question 2

If the Brazilian real is valued at 0.57346 U.S. dollars, how much in U.S. dollars would be required to satisfy an invoice for produce shipped from Brazil with a price of 24,00 . Brazilian reals?


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mistyjohnson

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Reply #1 on: Jun 24, 2018
Answer to Question 1

100 . + 125 = 225; 877.50  225 = 390 cost

Answer to Question 2

13,763.04


rlane42

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Reply #2 on: Jun 24, 2018
Thank you


mistyjohnson

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Reply #3 on: Jun 24, 2018
No problemo


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Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price. Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price.
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