bastic corporation purchased industrial furnaces for $4015 less 36% and 24%. determine the markup on cost give a regular selling

Question

Kruka [31]

3 years ago

11

bastic corporation purchased industrial furnaces for $4015 less 36% and 24%. determine the markup on cost give a regular selling

price of $2852.

Mathematics

1 answer:

Aliun [14] · Answer 1 · 2022-01-16T21:09:33+03:00

The markup percentage is .40778 -> 40.778%
$4015 = current price ; $2852 = original price

To find the mark up percentage:
First, find the difference between the current price and original price.

$4015 - $2852 = $1163

Second, divide the price difference by the current price to get the percentage.
1163/2852 = .40778

Check the math by multiplying the original price by the markup percentage and add the original price to it.

$2852 X .40778 + $2852 = $4015