Question

Cumulative Markup Practice Problems Description Quantity Unit Cost Total Cost Unit Retai Total Re 15. A buyer purchased 50 assorted leather briefcases that cost $79.50 each and establishes retail prices based on the style as follows - 15 zip-top briefcases to retail for $175 each 20 messengers to retail for $150 each - 15 backpacks to retail for $125 each Find the cumulative markup percentage on this purchase 50 51 $79.50 $79.50 $79.50 $175.00 $150.00 $125 00 53 Ζιρ Ταρ 15 Messenger 20 Backpack 15 TOTAL MUS = Total Retail-Total Cost MUS MU%- MU Stotal retals MU%- 65 38 67 68

Answer 1

is 20 aty Unit Cost Total Cast Unit Retail Total Retail Zip Top 79.50 1192:50 175 2625 Messenger 79.50 1590 150 3000 Backpack 15 79.50 1192.50 125 1875 Total => 3975 7500 MU $ = Total Retail - Toted Cast 3525 Murt MU$/Total Retail $ 47%

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