The rate of markup on cost on a product selling at $64.51 is 47%. a. What is the cost of the product to the retailer?   Round to the nearest cent b. What is the rate of markup on selling price? % Round to two decimal places

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

A: Solution:-  Given percent markup based on selling     price of the item. price 43%      To find…

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Q: Earnings per share Closing price per share Price-earnings ratio Company American Express %24 2.35 26

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

A: The cost of the hat is $28.75The markup amount is $30.00

Q: Percent Markup Based on Cost Amount of Item Cost Selling price Markup Hat $27.75 $30.00 %24

A: Formula Used: Markup = Selling price - cost Markup percent=Markupcost×100

Q: what dollar amount rounded to the nearest cent?

A:

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Q: Calculate the rate of markup on selling price if the cost of the product is RO 78 and the markup is…

A: This is a simple profit loss question. Visit part 2 for detailed solution.

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Q: It costs a manufacturer $3,374 to make a product. The rate of markup is 28.00% of the selling price…

A: Step 1: Calculate Regular selling price: Regular selling price = cost of product (1+rate of mark up)…

Q: an item with a regular retail price of $130.00 that is marked down 30% for a sale would have a sale…

A: Original retail price of an item is R=$130.00 Discount for the sale is 30%.

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Q: Olf's Golf store sells golf balls for $29 per dozen. The store's overhead expenses are 5% of cost…

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