A. Solve the following problems (round off 2 decimal places): 2. ufacturer for $41 Find the cost in producing each notebook the matkup? 3. A certain product sold for P29,900 has a 14% markup on cost. How much is the cost of the product? 4. The manager of a clothing store buys a jacket for P850 and sells the jacket for P1,207. Find the markup rate based on cost and based on selling price. 5. If the percentage of cost markup is 25.4%, what would the percentage of selling price markup be?
A. Solve the following problems (round off 2 decimal places): 2. ufacturer for $41 Find the cost in producing each notebook the matkup? 3. A certain product sold for P29,900 has a 14% markup on cost. How much is the cost of the product? 4. The manager of a clothing store buys a jacket for P850 and sells the jacket for P1,207. Find the markup rate based on cost and based on selling price. 5. If the percentage of cost markup is 25.4%, what would the percentage of selling price markup be?
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Question
Please answer the last three items
Transcribed Image Text:A. Solve the following problems (round off 2 decimal places):
2.
Find the
facturer cells his notebooks for 1.75 and his cast in producing each notebook
kup?
3. A certain product sold for P29,900 has a 14% markup on cost. How much is the cost
of the product?
4. The manager of a clothing store buys a jacket for P850 and sells the jacket for P1,207.
Find the markup rate based on cost and based on selling price.
5. If the percentage of cost markup is 25.4%, what would the percentage of selling price
markup be?
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