The Kaur family want to visit a theme park while on holiday. The attraction has quoted you a net cost of $400.00 for four one-day entry passes. Your workplace's policy is to add a 15% markup on all attractions and activities. a) List the steps and formulas in the procedure for calculating the percentage markup based on the expected profit margin. Calculate the retail price you will quote your customer. Enter the dollar value ($) of the gross price?

Answer rating: 100% (QA)

To calculate the retail price with a markup based on the expected profit margin you can foll... View the full answer