paid $180 for an item and set the selling price at $252.00. What was the percent markup? OA. 38% B. 28% 39% 40% O
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K A store manager paid $180 for an item and set the selling price at $252.00. What was the percent markup? OA. 38% B. 28% 39% 40% O C. D.
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- Calculate the missing values and express your answers rounded to two decimal places. Cost Amount ofMarkup SellingPrice Rate of Markupon Cost Rate of Markupon Selling Price a. $260.00 25.00% % b. $60.00 % 30.00%A store sells an item for $430 each. If this is a 64.5% markup on the selling price, find the equivalent markup percent on cost. Round to the nearest tenth of a percent. A. 181.7% B. 39.2% OC. 430% D. 110.4%1. Compute the missing term. Dollar Markup Cost $427.38 a. $216.41 dollar markup b. $361.41 dollar markup c. $261.41 dollar markup d. $1,116.17 dollar markup Selling Price $688.79
- The rate of markup on cost on a product selling at $66.45 is 41%. a. What is the cost of the product to the retailer? Round to the nearest cent b. What is the rate of markup on selling price? % Round to two decimal placesCalculate the missing information. Round dollars to the nearest cent and percents to the nearest tenth of a percent. Item Cost Amount ofMarkup Selling price Percent MarkupBased on Cost Bookcase $41.40 $24.50 $ %23-A wholesaler sold merchandise inventory with in invoice price RO 16,000 to the customer of business and credit terms are 3/10, n/60. What is the net cost of the goods sold assuming that if the retailer made the payment within the discount period? a. RO 16,000 b. RO 480 c. RO 14,400 d. RO 15,520
- chapter 3 6. Given the information below, what is the gross margin percent? Round your answer to two decimal places and add a percent sign (i.e. 15.37%) Cost of Merchandise Sold 51.30% Expenses $317,820 Profit 4.65%A company shows the following balances: Sales $1,000,000 225,000 25,000 600,000 13 Sales Returns and Allowances Sales Discounts Cost of Goods Sold What is the gross profit rate? a. 60% b. 80% c. 40% d. 20% ExploreCalculate the missing values and express your answers rounded to two decimal places. a. b. Cost $0.00 $56.00 Amount of Markup Selling Price $350.00 Rate of Markup on Cost 25.00% % Rate of Markup on Selling Price 28.00% %
- Calculate the missing information. Round dollars to the nearest cent and percents to the nearest tenth of a percent. Amount of Original Selling Price Markdown Item Markdown Sale Price Percent (in $) Sneakers $55.88 19.38 $36.50 X %What is the amount of the trade discount on goods ordered with a list price of $3,450 and a trade discount rate of 3 3 4 % to the nearest cent? A. $86.25 B. $129.38 C. $862.50 D.$1,293.754. The markup percent is based on cost. Compute the missing terms. Dollar Markup Cost $2,240 Markup Percent 125% a. Dollar Markup: $560; Selling Price: $2800 b. Dollar Markup: $2640; Selling Price: $4880 C. Dollar Markup: $2,000; Selling Price: $4240 d. Dollar Markup: $2,800; Selling Price: $5,040 Selling Price