Answer:
yes
Step-by-step explanation:
Answer:
1. Markup: $2.70, Retail: $20.70
2. Markup: $9.45, Retail: $31.95
3. Markup: $25.31, Retail: $59.00
4. Markup: $24.75, Retail: $99.74
5. Markup: $48.60, Retail: $97.20
6. Markup: $231.25, Retail: $416.25
Step-by-step explanation:
To get the markup price of an item, multiply it by the markup percentage as a decimal. To get the decimal of a percentage, divide the number by 100. For example, 15% would be 0.15. And then to find how much the item has been marked up by, multiply the current price by the decimal.
$18 * 0.15 = $2.70
So $2.70 is the markup. To find the retail price, you need to add the markup price to the current price given.
$18 + $2.70 = $20.70
So your retail price is $20.70. Repeat these steps for each question to get the answers above.
Hope this helps.
To find the standard error, divide the standard deviation by the square root of the sample size
standard deviation = 7.5
sample size = 25......sqrt 25 = 5
standard error = 7.5 / 5 = 1.5 <==
