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Dorothy Quinones manages a security equipment store that sells items including alarm systems, lock ...
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Dorothy Quinones manages a security equipment store that sells items including alarm systems, lock ...
Dorothy Quinones manages a security equipment store that sells items including alarm systems, lock and safes. Dorothy marks up everything in the store 50% based on cost. If she sells a 5,040 cubic inch fireproof safe for $474.51, compute the dollar markup on the safe.
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Contemporary Business Mathematics for Colleges
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16
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Authors:
Deitz, Southam
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100% + 50% = 150%; $474.51
¸
150% = $316.34 cost;
$474.51
-
$316.34 = $158.17 dollar markup
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