1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
evablogger [386]
3 years ago
14

For this item, any answers that are not whole numbers should be entered as decimals, rounded to the hundredth. Marissa's Fashion

s purchases designer boots from a manufacturer for $50.88 per pair. Marissa then adds a certain amount to the price of the boots as a markup when she sells them in the store. The total cost for a customer buying the boots at the store is $90.10. This includes a 6.25% sales tax that is added after the markup. The percent of markup before tax is about %, which is a markup of $ per pair of boots
Mathematics
2 answers:
trasher [3.6K]3 years ago
7 0

You know that ...

... total cost = (marked-up price) + 6.25% × (marked-up price)

... $90.10 = (marked-up price) × 1.0625

Solving for (marked-up price) gives

... marked-up price = $90.10/1.0625 = $84.80

<u>Markup</u>

You also know that

... marked-up price = cost + markup

... $84.80 = $50.88 + markup

... $33.92 = markup . . . . . . . . . . . subtract $50.88

The percentage of markup can be figured a couple of different ways. It is easy to add a percentage to the cost price of an article, because the cost is generally right in front of the storekeeper when the article is received and prices are being marked. However, many accountants are interested in the percentage of the selling price that is available for overhead and profit, so they are interested in the markup as a percentage of selling price. The question here is non-specific as to the base to be used for figuring the percentage of markup.

The markup as a percentage of cost is

... $33.92/$50.88 × 100% = 66.67%

The markup as a percentage of selling price is

... $33.92/$84.80 × 100% = 40%

mezya [45]3 years ago
3 0

Answer:

did you get the correct answer because i didnt

Step-by-step explanation:

You might be interested in
In the form of a paragraph, explain the difference between a ray and a segment.
pentagon [3]
A ray has only one endpoint and goes on forever in the other direction. A segment has two endpoints
7 0
3 years ago
What is the equation?
Arturiano [62]

Answer:

You already wrote the equation

Step-by-step explanation:

5 0
2 years ago
Read 2 more answers
Draw a set of objects where you can find a fractional part of the group using the total number of objects and by using subgroups
skad [1K]
The answer is attached
Download docx
8 0
3 years ago
Help pls pls pls<br><br> 4 x 10<br> plssss plz plz plzz so hard
mrs_skeptik [129]

Answer:

40

Step-by-step explanation:

4 x 10= 40

PlZ add brainliest.

8 0
3 years ago
Read 2 more answers
Need help also if you can can you do it step-by-step explanation please thank you 3(c + 8) = 28<br>​
skelet666 [1.2K]

Answer:

c = 4/3

Step-by-step explanation:

3(c + 8) = 28

Since we have paranthesis, first use the dsitributive property [multiply 3 by c and 8]

3(c + 8) = 28

3c + 24 = 28

To find the value of c, you must have c alone on one side, so subtract 24 from both sides

3c + 24 = 28

3c = 4

Now, divide by 3 to both sides to get your answer

3c = 4

c = 4/3

Therefore, the answer is 4/3!

I hope this helps! :)

3 0
3 years ago
Read 2 more answers
Other questions:
  • Uniforms are sold in packages of 8. The stores 127 employees will each be given 3 uniforms. How many packages will the store nee
    8·1 answer
  • If you are given the functions f(x) = 3x + 1... Can you find the input value if f(x) = 10
    14·2 answers
  • The 7th graders at Lincoln Avenue School were helping to renovate a playground for the kindergartners at a nearby elementary sch
    12·1 answer
  • If I=300 dollars, P=5000 dollars,and T=10years what is R
    6·1 answer
  • I made a fort for my pet porcupine by connecting two boxes. The first box is 10meters long, 7 meters wide, and 5meters high. The
    12·2 answers
  • 10 POINTS Which of these are correct? also, isn't true that you can choose any 2 points for Rise/Run when finding the slope?
    7·1 answer
  • 6) (1, -2), (-20, 19)<br> Find slope
    7·2 answers
  • The menu price of a sandwich at a restaurant is $6. The purchase is subject to a 5% food tax, and you would like to leave a tip
    6·2 answers
  • How many solutions exist for the given equation?
    9·1 answer
  • Hey somebody please help me with this
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!