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2 years ago

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The selling price of an item is $720. It is marked down by 30%, but this sale price is still marked up from the cost of $420.

Find the markup from cost to sale price.

1 answer:

Anna35 [415]2 years ago

6 0

The markup cost is $84 if the selling price of an item is $720. It is marked down by 30%, but this sale price is still marked up from the cost of $420.

<h3>What is markup price?</h3>

Markup pricing is the practice in which the price of products or commodity is determined by taking all the goods together and adds a fraction as a markup.

We have:

The selling price of an item is $720. It is marked down by 30%

$\rm = 720\times \dfrac{30}{100}$

Markdown = 216

Now subtract it from the selling price:

= 720-216

Sale price = 504

Now,

= 504-420

Markup cost = $84

Thus, the markup cost is $84 if the selling price of an item is $720. It is marked down by 30%, but this sale price is still marked up from the cost of $420.

Learn more about the markup price here:

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Marizza181 [45]

Answer:

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Step-by-step explanation:

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Binomial probability distribution

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The probability of no correct answers is

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Brittany bought a dress that cost $22.50. If the sales tax is 6.5%, how much tax did she pay? PLZZ ITS TIMED

anastassius [24]

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Set your equation up like so: 6.5/100=x/22.50

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Solve to get 1.4625% (If you need it rounded, it's 1.5%)

1.5% ----> $1.46

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Step-by-step explanation:

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