Question: how do I find the cost $ and the markup $ if the retail price is $100, and the cost % is 64.0%? what formulas
how do I find the cost $ and the markup $ if the retail price is $100, and the cost % is 64.0%? what formulas do I use?
I'm a little confused and was thinking I should use the formula:
cost $= retail $ x cost %
to get the cost$.
please help and show work and formulas used. thank you so much!
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