Question

The Quick Plumbing Supply sells a set of faucets for $79.75. If a 45% markup based on cost was used, what was the cost of the faucets to Quick Plumbing? (Round to the nearest cent.)

Answer 1

Ummm I will go through the answer again

Answer 2

Cost*1.Markup = Selling price
so we know that the markup is 45% which is .45 and that our selling price is 79.75
so our equation is
Cost*1.45=79.75
Cost=79.75/1.45
Cost=55

Answer 3

@princess19 DO you follow?

Answer 4

yea

Answer 5

SO voila there is your answer

Answer 6

lol