Question
Markup = $70; Rate of markup based on cost = 78%
a. Find the cost.
b. Find the selling price.
a. Find the cost.
b. Find the selling price.
Answers
Kuai
a. C = M/M%
C = 70/78%
C = $89.74
b. s = c + m
s = $89.74 + $70
s = 159.74
C = 70/78%
C = $89.74
b. s = c + m
s = $89.74 + $70
s = 159.74
Anonymous
Thanks Kual