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

Question

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] · Answer 1 · 2022-03-06T12:55:54+03:00

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] · Answer 2 · 2022-03-06T15:07:12+03:00

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.