Asked by TISHA
A. Wyatt’s Western Wear purchases shirts for $47.50 each. A $34.00 markup is added to the shirts. What is the selling price?
B.What is the percent markup based on cost for the shirts in the previous question? (Round percent to the nearest tenth.)
B.What is the percent markup based on cost for the shirts in the previous question? (Round percent to the nearest tenth.)
Answers
Answered by
MathMate
Selling price
= cost + markup
= 47.5 + 34 = $81.50
Mark-up base on cost
= mark-up/cost
= 34 / 47.5
= 71.6%
= cost + markup
= 47.5 + 34 = $81.50
Mark-up base on cost
= mark-up/cost
= 34 / 47.5
= 71.6%
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