Asked by Liz

Bill furrier marks up mink coats 3000.00, which represents a 50% markup on cost. what is the cost of the coats?

Answered by Reiny
Same question last year

http://www.jiskha.com/display.cgi?id=1318649789
Answered by Liz
The answer is $6,000. However, I do not not how to get this answer. S = C + M formula?

This problem is a multiple choice problem for my HW. It only gave these option
A. $1,500
B. $6,000
C. $4,500
D. $9,000

When I submit the problem online, the correct answer show $6,000. How is this so?
Answered by Steve
the markup is 50% and is 3000
.5C = 3000
C = 6000
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