What’s the answer to this question?

Need help filling in the blanks: selling price using markup.

Xelga [282]

Answer:

Refer to the explanation.

Step-by-step explanation:

Let's take each one at a time.

1.

To solve for the complement, we simply subtract our markup rate by 100%.

100% - 30% = 70%

Now to solve for the selling price, we use the formula

$SellingPrice=\dfrac{Cost}{ComplementOfMarkupRate}$

$SellingPrice=\dfrac{86.74}{0.70}$

Selling Price = $123.91

2.

We do the same process with the first number.

100% - 40% = 60%

$SellingPrice=\dfrac{Cost}{ComplementOfMarkupRate}$

$SellingPrice=\dfrac{220.00}{0.60}$

SellingPrice = $366.67

3.

The same as the first two.

100% - 20% = 80%

$SellingPrice=\dfrac{Cost}{ComplementOfMarkupRate}$

$SellingPrice=\dfrac{89.50}{0.80}$

SellingPrice = $111.88

4.

Now to solve for the markup rate, we use the formula:

$MarkupRate=\dfrac{Markup}{SelingPrice}$

In this case we first need to find the markup. The markup is the difference between the selling price and the cost.

Selling Price = $235.28

Cost = $199.99

Markup = $235.28 - $199.99

Markup = $35.29

Now the we know our markup, we can then solve for the markup rate using the formula.

$MarkupRate=\dfrac{Markup}{SelingPrice}$

$MarkupRate=\dfrac{35.29}{235.28}$

MarkupRate = 0.1499 x 100 = 14.99% or 15%

5.

Now for the last one, we need to find for the cost. Let's use the selling price formula to find for the cost.

$SellingPrice=\dfrac{Cost}{ComplementOfMarkupRate}$

Selling Price = $30.77

Complement = 65% or 0.65

This will then give us.

$30.77=\dfrac{Cost}{0.65}$

We multiple both sides of the equation by 0.65 to leave our cost alone.

30.77 x 0.65 = Cost

Cost = $20

4 0

3 years ago

-5/4 = x-7/10 please show work

pochemuha

Answer:

x equals to - 5.5 or - 11/2

6 0

3 years ago

Read 2 more answers

Urgent I’ll give brainlist

Jobisdone [24]

Answer:

I think A

Step-by-step explanation:

Can you mark me brainliest because I am almost to level ace!

4 0

3 years ago

Read 2 more answers

If ms.li has 8/11 shirts that are white. 16 are white. how many shirts does she have in all

faust18 [17]

Answer:

22 shirts

Step-by-step explanation:

To find out how many shirts Ms. Li has in total, we have to set up a proportion.

$\frac{8}{11} =\frac{16}{x}$ .

As you can see, we multiply eight by two to get to sixteen. Whatever we do on the numerators, we must do to the denominators. Thus, eleven multiplied by two is twenty-two t-shirts.

Have a lovely rest of your day/night, and good luck with your assignments! ♡

6 0

3 years ago

A piece of fabric is 7/9 yard long.A piece of ribbon is 2/9 yard long.How many more yards of ribbon do you need to have equal le

arsen [322]

Answer:

5/9 yards

Step-by-step explanation:

Just subtract 2/9 from 5/9 to find the difference, which is the answer.

8 0

3 years ago