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Author Question: Gretchen knits scarves that she sells online. She uses a markup rate of 68 over the cost of the ... (Read 46 times)

leo leo

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on: Jun 24, 2018
Gretchen knits scarves that she sells online. She uses a markup rate of 68 over the cost of the materials and sells the scarves for 32. What is the markup amount?
 A) 23.67
  B) 21.76
  C) 19.05
  D) 12.95

Question 2

The markup rate of furniture at Al's Furniture Barn is 48. If the markup amount on an armchair is 123, what is the cost of the armchair?
 A) 256.25
  B) 186.96
  C) 159.04
  D) 59.04


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daiying98

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

D

Answer to Question 2

A


leo leo

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Reply 2 on: Jun 24, 2018
Excellent

amynguyen1221

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Reply 3 on: Yesterday
Wow, this really help

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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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