Question

An Apple Computer Center sells computers for $1,192.80. Assuming the computers cost $10,080 per dozen.



a. Find the dollar markup for each computer. (Round your answer to the nearest cent.)


Dollar markup $



b.
Find the percent markup on cost for each computer.


Percent markup %



c.

Find the percent markup on selling price for each computer. (Round your answer to the nearest hundredth percent.)



Percent markup %

Answer 1

a. 1192.80 - 10,080/12 = 1192.80 - 840 = $352.80.

b. M = 352.80/840 = 0.42 = 42%.

Answer 2

c. (840/1192.80)*100% =