Question

1. Sunset co. Marks up merchandise 40% on cost. A DVD player costs sunset $90. What is sunsets selling price? (Round answer to nearest cent) 

2. Jcpenny sells jeans for $49.50 that cost $38.00. What is the percent markup on cost. Check the cost. (Round answer to nearest hundredth percent) 

3. Best Buy sells a flat screen high definition tv for $700. Best Buy marks up the tv 45% on cost. What is the cost and dollar markup of the tv? (Found answer to the nearest hundredth) 

4. Sports authority marks up new balance sneakers $30 and sells them for $109. Markup is on cost. What are the cost and percent markup? (Round the "percent markup" to the nearest hundredth percent.) 

5. The show outlet bough boots for $60 and marks up the boots 55% on the selling price. What is the selling price of the boots? (Round answer to the nearest cent) 

6. Office max sells a fest for $450 and marks up the rest 35% on the selling price. What did the desk cost office max? (Round your answer to the nearest cent) 

7. Zales sells diamonds for $1100 that cost $80. What is zales percent markup on selling price? (Round to the nearest hundredth percent) 

8. Earl Miller, a customer of j. Crew will pay $400 for a new jacket. J. Crew has a 60% markup on selling price. What is the most that j. Crew can pay for this jacket? 

9. Home liquidators marks up it's merchandise 35% on cost. What is the company's equivalent markup on selling price? (Round your answer to the nearest tenth percent) 

10. The muffin shop makes no fat blueberry muffins that cost $.70 each. The muffin shop knows that 15% of the muffins will spoil. If the muffin shop wants 40% markup on cost and produces 800 muffins, what should the muffin shop price each muffin? (Round your answer to the nearest cent) 

11. Angel corporation produces calculators selling for $25.99 each. Its unit cost is $18.95. Assuming a fixed cost of $80,960, what is the breakeven point in units? 

Answer 1

SC marks up merchandise 40 percent on cost.

A DVD player cost SC $90.

The Selling price will be,

Here,

Answer 2

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