Asked by Help Please
If the selling price for a product is $4/kg, and the Rate of Markup on Cost is 40%.
What is the selling price? and the amount of Markup?
What is the selling price? and the amount of Markup?
Answers
Answered by
Help Please
My apologies!! my question is
What is the cost price, and the amount of markup
What is the cost price, and the amount of markup
Answered by
oobleck
1.40 * 4 = $5.60/kg
.40 * 4 = $1.60
.40 * 4 = $1.60
Answered by
Hey
nope
Answered by
oobleck
oops - my bad
1.40c = 4.00
c = $2.86
markup = $1.14
1.40c = 4.00
c = $2.86
markup = $1.14