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zheka24 [161]
3 years ago
15

Veronica Foaley sells evening jackets sewn with metallic threads and beads. She wants to set a price of $600 for a jacket. The m

arkup she wants is 60% of the selling price. What is the most she can pay for the jacket?
Mathematics
2 answers:
boyakko [2]3 years ago
6 0
The most she can pay for the jacket is $375 (=600/(100%+60%)) assuming this is the cost of the jacket before it sewn with metallic threads and beads. A markup is a difference between the production cost and the selling price in order to cover the additional cost related to the product. Based on the data, she wants to keep the 60% for covering the cost.
g100num [7]3 years ago
3 0

According to Quizlet the answer is $240.00. It is not $375.00; it marked it as wrong.

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