Find the markup and the selling price of the following item. round answers to the nearest cent. a chemistry
Question:
Answers
In order to compute the markup, compute the percentage like this:
[tex]38.50\times0. 32=12,32[/tex]
The markup is then $12,32.
The selling price is the sum of the cost and the markup:
[tex]38.50+12,32=50,82[/tex]
The mark up amount on suit is $60 and the selling price of suit is $180.
Step-by-step explanation:
Given: The cost price of the suit = $120
The mark up percent on suit = 50 %
Therefore, the mark up amount = 50% of $120
⇒ The mark up amount =[tex]0.5\times120=\$60[/tex]
The mark up amount =$60
Now, the selling price of suit = Cost price +Mark up
The selling price of suit =$120+$60=$180
The markup price of the item is 1560 cents and the selling price of the skateboard is 5460 cents .
Step-by-step explanation:
As given
A skateboard costing $39.00 marked up 40% on cost.
40% is written in the decimal form .
[tex]= \frac{40}{100}[/tex]
= 0.40
Markup price = 0.40 × Cost of the skateboard
= 0.40 × 39
= $15.6
As
1 dollar = 100 cents
Now convert 15.6 dollars into cents .
$15.6 = 15.6 × 100 cents
= 1560 cents
Thus markup price is 1560 cents .
Selling price of the items = Original cost of the skateboard + Markup price
= $39 + $15.6
= $ 54.6
As
1 dollar = 100 cents
Now convert 54.6 dollars into cents .
$54.6 = 54.6 × 100 cents
= 5460 cents
Thus selling price of the skateboard is 5460 cents .
Therefore the markup price of the item is 1560 cents and the selling price of the skateboard is 5460 cents .
Hence,
Selling price (S)= $ 105
Markup price (M)=$ 30
Step-by-step explanation:
We have to find the markup and the selling price of the following item.
A typewriter costing $75.00 marked up 40% on cost.
i.e. cost price of typewriter=$ 75
Markup percent =40%.
i.e the markup is on the cost price.
Hence, the markup price is:
40% of cost price.
[tex]=\dfrac{40}{100}\times 75\\\\=30[/tex]
Hence, the markup price(M) is=$ 30.
Also selling price(S)= cost price+ Markup price
=75+30
=$ 105
Hence, the selling price(S) of the item is: $ 105
Hence,
Selling price (S)= $ 105
Markup price (M)=$ 30
Answer
Find out the markup and the selling price of the item.
To prove
As given
suit costing $120.00 marked up 50% on cost.
50% is written in the decimal form
[tex]= \frac{50}{100}[/tex]
= 0.50
Markup price (M) = 0.50 × 120.00
= 0.50 × 120
= $60
As 1 dollar = 100 cent
Markup price in cent (M) = 60 × 100
= 6000 cent
Selling price (S) = Suit price + Markup price
= 120 + 60
= $180
Selling price in cent = 180 × 100
= 18000 cent
Therefore the markup price (M) is 6000 cent and the selling price is 18000 cent .
Answer
Find out the markup and the selling price of the item.
To prove
As given
suit costing $120.00 marked up 50% on cost.
50% is written in the decimal form
[tex]= \frac{50}{100}[/tex]
= 0.50
Markup price (M) = 0.50 × 120.00
= 0.50 × 120
= $60
As 1 dollar = 100 cent
Markup price in cent (M) = 60 × 100
= 6000 cent
Selling price (S) = Suit price + Markup price
= 120 + 60
= $180
Selling price in cent = 180 × 100
= 18000 cent
Therefore the markup price (M) is 6000 cent and the selling price is 18000 cent .
Let x be marked up price. We have been given that a chemistry set costing $27.50, marked up 32% on cost.
[tex]x=27.50\times\frac{32}{100}[/tex]
[tex]x=27.50\times.32[/tex]
[tex]x=8.8[/tex]
Therefore, mark up price is $8.80.
Since we know that selling price of any item equals the sum of cost and mark-up price of the item.
Let us find selling price of our chemistry set.
[tex]\text{Selling price of chemistry set}=27.50+8.8[/tex]
[tex]\text{Selling price of chemistry set}=36.30[/tex]
Therefore, the selling price of the chemistry set is $ 36.30.
M = 30 and S = 105.00
Step-by-step explanation:
The cost of a typewriter = $75.00
Marked up on cost (M)= 40%
We will find out marked up (M) = [tex]\frac{40}{100}[/tex] × 75
= 0.40 × 75
M = 30
Now we will find out Selling price by adding cost of typewriter and marked up cost.
75.00 + 30 = 105
S = $105.00
Therefore,
M = 30 and S = 105.00
Mark up: $15.6 (option b)
Selling Price: $54.6 (option b)
Step-by-step explanation:
Hi, to answer this question we have to analyze the information given:
A skateboard costing $39.00 marked up 40% on cost.
To calculate the markup we have to multiply the skateboard cost (39) by the percentage in decimal form (40/100= 0.4)
39 x 0.4 =15.6
Mark up: $15.6 (option b)
For the selling price we have to sum the cost and the markup:
15.6 + 39 = 54.6
Selling Price: $54.6 (option b)
Feel free to ask for more if needed or if you did not understand something.
The relationship between markup and cost is given in the problem statement.
markup = 0.32 × cost = 0.32 × $27.50 = $8.80
Selling price is the sum of cost and markup.
selling price = cost + markup = $27.50 + 8.80 = $36.30