A hair dryer is sold at wholesale for $12.50. If it is sold at retail with a mar

Question

A hair dryer is sold at wholesale for $12.50. If it is sold at retail with a markup of $7.25, what is the sales price? Castle Mountain Furniture sells desks for $346.00. If the desks cost $212.66, what is the amount of the markup? After Sunset Food Wholesalers adds a markup of $15.40 to a case of tomato sauce, it sells for $33.98. What is the wholesaler's cost per case? Wyatt's Western Wear purchases shirts for $47.50 each. A $34.00 markup is added to the What is the selling price? What is the percent markup based on cost? What is the percent markup based on selling price?

Explanation / Answer

1) $12.50+$7.25=$19.75

2)$346.00-$212.66=$133.34

3)$33.98+$15.40=$49.38

4)

A)$47.50+$34.00=$81.50

B)(34/47.50)*100=71.57%

C)(34/81.50)*100=41.71%

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