Assume markups in Problems 8–1 to 8–6 are based on cost. Find the dollar markup and selling price for the following problems. Round answers to the nearest cent. LU 8-1(1, 2)  8–1.    8–2.

Algebra and Trigonometry (6th Edition)
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ChapterP: Prerequisites: Fundamental Concepts Of Algebra
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Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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Assume markups in Problems 8–1 to 8–6 are based on cost. Find the dollar markup and selling price for the following problems. Round answers to the nearest cent. LU 8-1(1, 2)

  •  8–1.  

  •  8–2.  

Item
Cost
Markup percent
Dollar markup
Selling price
Bell and Ross watch
$2,000
30%
Transcribed Image Text:Item Cost Markup percent Dollar markup Selling price Bell and Ross watch $2,000 30%
Burberry men's watch
$425
200%
Transcribed Image Text:Burberry men's watch $425 200%
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