Asked by Liz

Vic's Department Store bought a pewter serving set for $1,250. Vic wants to markup the set at 60% of the selling price. The selling price of the pewter serving set should be:

Answer: $3,125 How to to solve this? Confused?

Answers

Answered by Reiny
Let the selling price be $x

If the markup is 60% based on the selling price, then
.4x = 1250
x = 1250/.4 = 3125
There are no AI answers yet. The ability to request AI answers is coming soon!

Related Questions