A tie pin which sells for $200.00 has a markup rate of 30% on the selling price. Find the amount of the markup and the cost.

Question

bobpursley · Answer

selling price= 200= cost+markup=1.30cost cost= 200/1.3 markup=200-cost

Brenda · Answer

A tie pin which sells for $200.00 has a markup rate of 30% on the selling price. Find the amount of the markup and the cost.

tammy · Answer

if cost is $22. and the markup is $6.80