A. What is the markup rate in decimal form? uses a markup rate of 250%. equation y = kx. Write an equation that can be used to find the markup on the cost x of a phone. C. Using the equation, calculate the markup amount.

A. What is the markup rate in decimal form? uses a markup rate of 250%. equation y = kx. Write an equation that can be used to find the markup on the cost x of a phone. C. Using the equation, calculate the markup amount.

Algebra and Trigonometry (6th Edition)

6th Edition

ISBN:9780134463216

Author:Robert F. Blitzer

Publisher:Robert F. Blitzer

ChapterP: Prerequisites: Fundamental Concepts Of Algebra

Section: Chapter Questions

Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...

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Question

pair of shoes shown had a
What was the retail price?
uses a markup rate of 250%.
A. What is the markup rate in decimal form?
equation y = kx. Write an equation that can be used tO
find the markup on the cost x of a phone.
C. Using the equation, calculate the markup amount.
D. What is the retail price of a phone?
Next week the store is going to reduce the price to $31.50.
E. Calculate what percent the sale price is of the retail price. Show your work
66

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