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OpenStudy (anonymous):
A pair of shoes has a wholesale price of $28.The percent markup is 110%.what is the retail price? didnt understand the other answer tht was given
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OpenStudy (anonymous):
Well, let's say 28$ is 100% of the price, and x 110. If we cross multiply, we get x*100%=110%*28 x=30.8$
OpenStudy (luffingsails):
Percent markup a calculation for how much something will sell for. Sale Price = Cost + Cost * percent markup
OpenStudy (luffingsails):
In this case Cost is the same as wholesale price.
OpenStudy (anonymous):
ThankssxD
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