What is the selling price of an item if the original cost is $784.50 and the markup on the item is 6.5 percent?
2 answers:
Answer:
Solution:
Given, cost price = $784.50
Profit = 6.5% of cost price
= 6.5/100 × $784.50
= $50.9925 [since, profit% is always on C.P.]
And selling price = cost price + profit
= $784.50 + $50.9925
= $835.4925
Hence, selling price = $835.4925
Answer:
$835.49
Step-by-step explanation:
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Step-by-step explanation:
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Step-by-step explanation:
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The answer is Not Proportional. I have this test too. Hope it helps!