Winston & Company buys skateboards from the distributor for $49.60 each. If the skateboards are sold for $89.99, what is the percent markup based on selling price? (Round to the nearest tenth of a percent)
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- Neal's Photographic Supplied sells a Pentax camera for 440.98. The markup is 86% of cost. How much does the store pay for this camera? What is the markup based on selling price? (A percentage correct to 2 decimal places.)A manufacturer sells a product for $45 to a wholesaler, and the wholesaler sells it to a retailer. The wholesaler's normal markup (based on selling price) is 25%. The retailer prices the item to consumers to include a 33% markup (also based on selling price). What is the selling price to the consumer? Answer this questionA manufacturer sells a product for $45 to a wholesaler, and the wholesaler sells it to a retailer. The wholesaler's normal markup (based on selling price) is 25%. The retailer prices the item to consumers to include a 33% markup (also based on selling price). What is the selling price to the consumer?
- A wholesaler purchases widgets for $8 per unit from the manufacturer and sells it to retailers who then sell to consumers. The wholesaler marks up by 20% on the retailer purchase price, while the retailers mark up by 25% on the wholesaler selling price. Here, the retail selling price to the consumer is: O $12.00 O $12.80 All the other 4 answers are correct. $12.50 O $13.33What is the selling price to the consumer?The Knockey Corporation sells hockey sticks at a wholesale price of $103. If a store marks this up 106%, what is the retail price?
- Ivy purchases phones for $260.50 each and is selling them for $330.00 each. a. What is the rate of markup on cost? % Round to two decimal places b. What is the rate of markup on selling price?Sharma Kennels buys some items with a list price of $4,100. The supplier extends a 40% trade discount rate. What is the net price (in $)?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?
- A wholesaler sells a guitar for $1,380.60. What is the percent markup based on cost if the wholesaler paid $780 for the guitar?Buzz Machinery, a wholesaler, buys hedge trimmers from a manufacturer for $376.24 each and sells them at a price to earn a 23% margin on selling price. Calculate Buzz Machinery's selling price for one hedge trimmer. (Rounding: penny.)A purchaser paid $342.50 for a TV that cost the seller $250. If the seller's markup was 37% of the $250 cost, then what would be the percent markup based on the selling price? (Round your answer to the nearest tenth of a percent.) %