If a retailer sells a coat for $139.99. What was his markup if he bought the...
If a retailer sells a coat for $139.99. What was his markup if he bought the coat for $81.79? (15 pts)
• Markup in actual dollars?
• Express markup as a % of cost?
• Express markup as a % of selling price?
*Remember that markup percentage is based on selling price unless otherwise noted.
Homework Answers
Markup in Actual dollars = 139.99-81.79 = $58.2
Markup on cost = 58.2/81.79x100 = 71.15%
Markup on selling price = 58.2/139.99x100 = 41.57%
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If a retailer sells a coat for $139.99. What was his markup if
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Please put it excel spreadsheet format and please provide answers and formula. Thank you. LU 8-2...
Please put it excel spreadsheet format and please provide answers
and formula. Thank you.
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Please put it excel spreadsheet format and please provide answers
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