If the selling price of a calendar is 12.95 and the markup amount is 4.25, what is the cost?

If the selling price of a calendar is 12.95 and the markup amount is 4.25, what is the cost?
A) 17.20
B) 12.95
C) 8.70
D) 4.45

Q. 2

The cost of an oven is 375. If the markup rate is 30 of the selling price, what is the selling price?
A) 112.50
B) 262.50
C) 535.71
D) 675.13

Q. 3

Magnifying glasses sell for 12.50 and are marked up 32 of the selling price. What is the cost of a magnifying glass?
A) 4.00
B) 6.25
C) 7.75
D) 8.50

Q. 4

Which statement is correct to find the markup amount when the cost and selling price are known?
A) The markup amount is the sum of the selling price and the cost.
B) The markup amount is the difference between the selling price and the cost.
C) The markup amount is the markup rate times the cost.
D) The markup amount is the difference between the markup rate and 100.

Q. 5

Gretchen knits scarves that she sells online. She uses a markup rate of 68 over the cost of the materials and sells the scarves for 32. What is the markup amount?
A) 23.67
B) 21.76
C) 19.05
D) 12.95

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If the selling price of a calendar is 12.95 and the markup amount is 4.25, what is the cost?

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