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questions number 4 please write clearly Markup and Markdown The cost price of a

ID: 3283179 • Letter: Q

Question

questions number 4
please write clearly

Markup and Markdown The cost price of a refrigerator is RM1800. If the seller wants a 25% markup based on cost price, find the retail price. 1. 2. The cost price of a TV is RM 1500, If the seller wants a 25% markup based on retail price, find the retail price. 3. A retailer purchased 50 boxes of pears at RM 80 per box. Experience indicates that of these pears will be spoilt and has to be discarded. The retailer then set the price, taking into account a markup of 30% on cost. Calculate the selling price of the pears. 4% selling 4, Sharifah bought 10 batik dresses listed at RM 200 each with trade discounts of 15% and 5%. If she sold the dresses at a markup of 20% based on cost, find The amount paid by Sharifah to the supplier b. a. The selling price of each dress sold by Sharifah. 5. A computer table is purchased for RM 200, Operating expenses amount to 10% of the cost. If the retailer wants a 20% net profit based on cost, find the a. Retail price b. Gross profit c. Net profit d. Breakeven price e. Maximum markdown percent that can be offered so that no loss is incurred.

Explanation / Answer

10 dresses bought by sharifha at RM 2000

amount after 15% discount =2000-(15*2000)/100=1700

again after 5% discount =1700-(5*1700)/100=1615

Thus amount piad by shariffa to the supplier is RM 1615.

B)now price of each dress for shariffa is 1615/10=161.5

selling price of each dress =161.5 +(20*161.5)/100=193.8