Question: Question 15 b. Cost . Corresponding percent markup on cost 14. A store used a markup of 331% on selling price and sold an item

Question 15

b. Cost . Corresponding percent markup on cost 14. A store used a markup of 331% on selling price and sold an item for $33. What was the a. Selling price factor? b. Cost? c. Corresponding percent markup on cost? A home appliance manager wants to buy washing machines that can retail for $340. She must obtain a gross profit of 35% on selling price What is the most she can pay for ( waster that she plans to resell b. What is the selling priestess 16. The manager of an electic au ment's required markup nee VERs that will retail for $100. The depart- a. What is the most that fo b. What is the selling p. 17. A store's overhead is 259% he More paid $42 less 165% for an electric chain saw. At wher 18. A jewelry store expects its Why is 5016 of sales. At what price should it price a watch the 2 2

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