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As the manager of Dollar Depot, calculate the amount of the markup the percent m

ID: 3120799 • Letter: A

Question

As the manager of Dollar Depot, calculate the amount of the markup the percent markup based on selling price per case if these Softies products cost your store S5.60 per case of 12 boxes Saks Fifth Avenue purchases a bracelet for $57.20. If the More policy is to mark up all merchandise in that department 42% based on selling price, what is the retail selling Price of the perfume? the Carpel Gallery is looking for a new line of nylon carpeting to retail at $39.88 per yard. If management wants a 60% markup based on selling price. what is the most that can paid for the carpeting to still get the desired markup? At the Luminary, the markup on a halogen light fixture is 50% based on selling price. What is the corresponding percent markup based on cost? If the markup on a fluorescent light fixture transformer is 120% based on cost, what is the corresponding percent markup based on selling price?

Explanation / Answer

6.

Markup percentage = 42%

Original cost price = $57.2

Marked up price = (1+.42)*($57.2)

= $81.224