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Other Fields Homework Help Business Topic started by: rolpace88 on May 19, 2015



Title: Cost = $48.19; selling price = $58.79. Find the markup and the rate of markup based on the selling p
Post by: rolpace88 on May 19, 2015
Cost = $48.19; selling price = $58.79. Find the markup and the rate of markup based on the selling price.
A) Markup = $10.60
Rate of markup based on selling price = 82.0%
B) Markup = $10.60
Rate of markup based on selling price = 18.0%
C) Markup = $21.20
Rate of markup based on selling price = 22.0%
D) Markup = $21.20
Rate of markup based on selling price = 51.8%


Title: Re: Cost = $48.19; selling price = $58.79. Find the markup and the rate of markup based on the selli
Post by: Million on May 24, 2015
Content hidden


Title: Re: Cost = $48.19; selling price = $58.79. Find the markup and the rate of markup based on the selling p
Post by: rolpace88 on May 27, 2015
Wonderful, thx.


Title: Re: Cost = $48.19; selling price = $58.79. Find the markup and the rate of markup based on the selling p
Post by: Million on May 27, 2015
A thumbs up would be appreciated 8-)


Title: BFSF: Cost = $48.19; selling price = $58.79. Find the markup and the rate of markup based on the selling p
Post by: Gopal Pandeya on Oct 2, 2023
Help! The answer is missing an explanation...


Title: Re: Cost = $48.19; selling price = $58.79. Find the markup and the rate of markup based on the ...
Post by: bio_man on Oct 2, 2023
Markup = Selling price - Cost
Markup = 58.79 - 48.19
Markup = $10.60

Use the formula:

(Markup / Selling price) * 100% = Rate
(10.60 / 58.79) * 100% = 18.03%