You've just received an order of silk flower arrangements from your wholesaler. You paid $20.00 each for them. Your store uses a
2 answers:
Answer:
Option D. $22.00
Step-by-step explanation:
Markup price is the amount added to the cost price to cover overhead expenses and profit.
You paid $20.00 each for them. your store uses a 10% markup rate.
10% markup on $20.00 = ( × 20) + 20
= (0.10 × 20) + 20
= 2 + 20 = $22.00
The selling price is $22.00 of the silk flower arrangements.
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Answer:
Step-by-step explanation:
First we need to write in correct form :
We know how to divide fractions. If we can divide numerator by numerator, denominator by denominator, we just do it. In this example we can not do that.
So, we rewrite first fraction and multiply by reciprocal second ( numerator and denominator change place)
Now, multiply numerator by numerator, denominator by denominator :