A bedroom suite that cost a dealer $1800 less 37.5%, 18% carries a price tag with a regular seling price at a markup of 120% of cost. For quick sale, the bedroom suite was marked down 40%. (a) (b) What was the sale price? What was the markup as a percent of cost?

Q: A furniture retailer is considering two sales prices on his new sofa, which cost him $426 from the…

A: For Margin : Margin = (Price - Cost) / Price   For Markup : Markup = (Price - Cost) / Cost

Q: Please Solve this

A: Step 1:To determine the cost of the item to Company A, given that the price was set to cost plus 60%…

Q: Correct option is ??

A: To find the cost of the item to Company A, let's denote the cost by C. According to the problem,…

Q: Need Help

A: If you have any questions let me know in comment box thankyou for your question.

Q: If an item costs a reseller $50, and the reseller used a 100% markup on cost, what would the selling…

A: Cost = $50Markup on cost = 100%

Q: At a 15% discount, a pair of shoes cost was $38.7. What was the regular price (without discount)?…

A: Regular price = Price after discount / (100 - Discount %)

Q: A recliner chair that sells for $1,469 is marked up 45% of the selling price. a. What is the markup?…

A: Markup refers to the profit a seller wants on the sale of the product. It is added to the cost of…

Q: The selling price for a sail boat is $7,000. What is the percent markup based on selling price, if…

A: As per our guidelines we are supposed to answer only one question (if there are multiple questions…

Q: Assume that markup is based on cost. Find the dollar markup and percent markup on cost for the…

A: Markup refers to the amount that is added to the cost price to compute the selling price of a…

Q: A home decorating store carries handmade floor tile with a markup of 3131​% on the selling price. If…

A: The objective of the question is to find the selling price, the cost, and the cost as a percent of…

Q: A purchaser just paid $32,152.94 for a pickup truck. If 47% was the seller's markup, based on the…

A: Here,Purchase Price = pp = $32,152.94Markup Rate =mr = 47%

Q: Jordan Cameras, Incorporated manufactures two models of cameras. Model ZM has a zoom lens; Model DS…

A: The overhead is applied to the production on the basis of predetermined overhead rate. The total…

Q: If a hat costs $4.20 after a 40% discount, what was its original price?

A: Discount means reduction in sales price of the product which is being sold to customer. It can be…

Q: Calculate the missing information. Round dollars to the nearest cent and percents to the nearest…

A: The selling price is the price of the product at which the product is available for sale.

Q: they sell by marking up its cost at wholesale a full 100%. If they had a sale with all items marked…

A: Step 1 In cost, there are two types of profit percentage method generally, which is based on On…

Q: Sunland Company has received a shipment of wet suits that cost $250 each. If the company uses…

A: To find the selling price per wet suit using cost-plus pricing with a 60% markup on the cost, follow…

Q: You own a collection of DVDs that you know that you could sell for £80. If you decide to keep them,…

A: A notional cost is an imaginary cost which is included in total cost in decision making purpose but…

Q: A store sells an item for $430 each. If this is a 64.5% markup on the selling price, find the…

A: Markup percentage on cost is calculated by dividing markup amount by cost of goods sold. Markup…

Q: Why is the price $100, when the last price was $1,038.60?

A: I believe that is a typo. The $100 is the redemption value or face value not the price.

Q: Home Depot sells a couch for $250.50. The dollar amount of markup on the couch is $95.72. Round all…

A: Markup percentage is a measure of how much a product's selling price exceeds its cost of production…

Q: The regular price of a TV is $1,147 but it is marked down by 32%.  What is the sale price?   (round…

A: Sale price = $1147 Marked down = 32% Formula Sale price = Regular price*(1-Mark down ratio)

Q: 6.    Wholesale Distributors sells to its contractors with a 42% markup on cost. If the selling…

A: The markup is calculated as a percentage on cost and added to the cost price to arrive at selling…

Q: 1. A product is listed for wholesale at $100. It's sold to a supplier with a 20% mark-up, and then…

A: Mark up refers to increase in the prices of goods to enable the recovery of cost and also earn…

Q: if dollar markup is $5.60 and percent markup is 101.82% on cost, what is cost and selling price?

A: Given that: Dollar markup = $5.60 Percent markup on cost = 101.82%

Q: An item has a 29% markup based on selling price. The markup is $400. a. Find the selling price. b.…

A: Markup refers to the profit a seller wants on the sale of the product. It is added to the cost of…

Q: What is the selling price of a dining room set at Macy's? Assume actual cost is $800 and 42% markup…

A: Formula: Profit=Selling price-Cost

Q: ealer bought personal computers for $1850 less 32%, and 17%. They were sold for $1575.  What was the…

A: Dealers purchases the computers in large quantity and based on the quantity they get discounts and…