Question

Cindy's Gift Shoppe purchased 8-inch candles at $9.95 a dozen, less a 25 percent trade discount. If the owner wishes to sell the candles at a 35 percent makeup, what should be the selling price of each dozen?

Answer 1

The first thing you should do for this case is to take 35% out of 9.95
 We have then
 (0.35) * (9.95) = 3.4825
 Then, we must add this value from the original price of a dozen
 9.95+3.4825 =  13.4325
 less a 25 percent trade discount
 13.4325*(1-0.25)= 10.074375
 answer
 the selling price of each dozen should be $ 10.074375