The Horizons Cycle Shop bought 3 motorcycles for $3,600 total (3 × $1200) and sold each one for $1,600. What was the markup percent?
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- A dealer bought personal computers for $1850 less 32%, and 17%. They were sold for $1575. What was the markup as a percent of selling price?a. For how much does Nicolas Appliance Center sell an electric fan? 2. Nicolas Appliance Center has purchased electric fans for Php 800 eac The electric fans are marked up 48% of the selling price. b. What is the rate of markup based on cost?Answer this Accounting question
- An office supply store adds a $2.50 markup to calculators and sells them for $6.95. (a) What is the cost (in $) of the calculators? $ (b) What is the percent markup based on cost? (Round your answer to the nearest tenth of a percent.) %General accountingA carpet store sells designer rugs at retail for $845.61. If a 50% markup based on cost is added, what is the cost (in $) of the designer rugs?
- 13. MOUNTAIN BIKE REI advertises mountain bikes for $199.90. If the store's cost is $2100 per dozen, what are (a) the markup per bicycle, (b) the percent of markup on selling price, and (c) the percent of markup on cost?Home Depot sells a couch for $250.50. The dollar amount of markup on the couch is $95.72. Round all dollar values to two decimal places and percentages to two decimals (i. e 34.56%). a. What is the cost to Home Depot? [1 pt] b. What is the markup on selling percentage? 1ptThe amount of markup on a store item is $11. Find the cost to the store if the markup is 20%.
- SUBJECT ACCOUNTINGAce Landscape buys 100 shovels for $15 each. Ace sells all 100 shovels at $30. What is the profit made by Ace? (profit = sales - cost) Group of answer choices $1,400 $1,500 $1,600 $3,000Patel Supply is considering a contract to sell merchandise to a hair salon chain for $29,000. This merchandise will cost Patel Supply $19,100. What would be the increase (or decrease) to Patel Supply gross profit and gross profit percentage? (Round "Gross Profit Percentage" to 1 decimal place.)