markup | MathCelebrity Forum

markup

  1. math_celebrity

    A clothing store buys shirts for n dollars and then marks them up 50%. To reward their employees, th

    A clothing store buys shirts for n dollars and then marks them up 50%. To reward their employees, the store gives a 50% discount to all employees. How much does an employee pay for a shirt? 50% = 0.5 Markup cost = (1 + 0.5)n Markup cost = 1.5n 50% discount: 1.5n/2 = 0.75n
  2. math_celebrity

    A discount store buys a shipment of fish bowls at a cost of $3.80 each. The fish bowls will be sold

    A discount store buys a shipment of fish bowls at a cost of $3.80 each. The fish bowls will be sold for $5.76 apiece. What is the mark-up, as a percentage? Using our markup calculator, we get: 51.58% markup
  3. math_celebrity

    A department store buys 100 shirts at a cost of $600 and sells them at a selling price of 10 each fi

    A department store buys 100 shirts at a cost of $600 and sells them at a selling price of 10 each find the percentage mark up Find Unit Cost: Unit Cost = Cost / Number of Shirts Unit Cost = 600 / 100 Unit Cost = 6 With a selling price of 10, our markup percentage is: Markup % = 100 * (New...
  4. math_celebrity

    Wayne’s widget world sells widgets to stores for $10.20 each (wholesale price). A local store marks

    Wayne’s widget world sells widgets to stores for $10.20 each (wholesale price). A local store marks them up $6.79. What is the retail price at this store? Note: Markup means we add to the wholesale price. Calculate Retail Price: Retail Price = Wholesale Price + Markup Amount Retail Price =...
  5. math_celebrity

    A boat is marked up 1/5 of the original price. The original price was $50. What is the new price of

    A boat is marked up 1/5 of the original price. The original price was $50. What is the new price of the boat 1/5 of 50 equals 10. So we add the markup of 10 to the original price of 50: 50 + 10 = $60
  6. math_celebrity

    A pawn broker buys a tv and a computer for $600. He sells the computer at a markup of 30% and the tv

    A pawn broker buys a tv and a computer for $600. He sells the computer at a markup of 30% and the tv at a markup of 20%. If he makes a profit of $165 on the sale of the two items, what did he pay for the computer? Let c be the price of the computer and t be the price of the tv. WE have: c + t...
Back
Top