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.
1 answer:
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%
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.
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Explanation:
As points have three coordinates i.e. x, y and z hence the sketch of the given four points is drawn in 3D shape and for that picture is attached here with this answer.
Points are given in the format as below
(value of x-coordinate , value of y-coordinate , value of z-coordinate)
In the attachment:
Point A = (0,5,2) (in blue color)
Point B = (4,0,-1) (in purple color)
Point C = (2,4,6) (in orange color)
Point D = (1,-1,2) (in black color)
