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Author Question: What is the cost of a scarf that retails for 15.98 and has a 54 markup? a. 12.45 b. 7.35 c. ... (Read 80 times)

PhilipSeeMore

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on: Sep 11, 2018
What is the cost of a scarf that retails for 15.98 and has a 54 markup?
 
  a. 12.45
  b. 7.35
  c. 10.25
  d. 13.98

Question 2

A buyer for children's wear needs to purchase merchandise with a cost of 15,000 . He has purchased children's sleepwear costing 3,000 which will retail for 5,200 . If he is to achieve a 51.5 markup goal, what markup percent will be needed on the remainder of the goods?
 
  a. 54.67
  b. 48.9
  c. 53.36
  d. 50.19


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LP

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Reply #1 on: Sep 11, 2018
Answer to Question 1

b. 7.35

Answer to Question 2

c. 53.36


PhilipSeeMore

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Reply 2 on: Sep 11, 2018
Thanks for the timely response, appreciate it

komodo7

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Reply 3 on: Yesterday
:D TYSM

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