Question

If a bookcase cost $32.40 and the amount of mark up is $21.50 what is the selling price and the percent mark up based on cost?

Answer 1

Item - bookcase
Cost - $32.40
Amount of Markup - $21.50
Selling Price - $________
Percent Markup Based on Cost - ______%

The bookcase costs $32.40 and the markup is $21.50. Add them together to get the selling price.

Answer 2

On the first one, figure out what percent of $32.40 is $21.50. You know 10% of $32.40 is $3.24 but you need to work out what percent gives you the $21.50. That answers the second part.

Answer 3

so the selling price is $53.90

Answer 4

so the prize make up is going to be 66.4%

Answer 5

your welcome :) "="

Answer 6

May I ask another question of you?