Question: 1. An item has a 21% markup based on selling price. The markup is $200. a. Find the selling price. b. Find the cost. Round

1.

An item has a 21% markup based on selling price. The markup is $200.

a. Find the selling price.

b. Find the cost.

Round to the nearest cent.

a. The selling price is $???

(Round to the nearest cent as needed.)

b. The cost is $???

2.

A recliner chair that sells for $1,461 is marked up 60% of the selling price.

a. What is the markup?

b. What is the cost?

a. The markup is $???

(Round to the nearest cent as needed.)

b. The cost is $???

(Round to the nearest cent as needed.)

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