What is the percentage markup on the cost of a bicycle if the retail price is $140 and the cost is $80?

7.5%

17.5%

1.75%

.75

Question

What is the percentage markup on the cost of a bicycle if the retail price is $140 and the cost is $80?
		
7.5%
		
17.5%
		
1.75%
		
.75<--my answer

What is the percentage markup on the retail price of a pair of hiking boots if the retail price is $80 and the cost is $46?
		
4.25%
		
.425
		
.360
		
6.30%

anonymous · Answer

@Loser66

vikstar2.0 · Answer

1.75 for the first problem

anonymous · Answer

ty and any idea on the second one?

vikstar2.0 · Answer

.425 is the answer to the second

vikstar2.0 · Answer

so was i right? if i was can i get a medal?

anonymous · Answer

Using the cost method of pricing, what is the retail price of a music CD if the cost is $6.75 and the markup on cost is .35? Please round the answer to the nearest cent.
		
$7.74<---my answer
		
$10.55
		
$8.43
		
$9.11

anonymous · Answer

is my answer correct to this?

anonymous · Answer

@hartnn

vikstar2.0 · Answer

i thinks its $9.11

hartnn · Answer

Cost * %markup + cost = retail price

(140-80)/80 = 60/80  = 0.75
for the 1st

(80-46)/46 = 0.74
hmmm..i get 0.74 for 2nd which is not in the choices.

6.75*0.35 + 6.75 = 9.11 for 3rd

anonymous · Answer

hmm so what should i do for the second xD

hartnn · Answer

try 0.425...