Arthur Itus owns a medical supply store. Arthur has the chance to purchase....

lp0417559

New member
Joined
Apr 19, 2017
Messages
1
I can't figure out this word problem that has to do with markup, selling price, etc. here is the question?

Arthur Itus owns a medical supply store. Arthur has the chance to purchase a wholesale lot of aluminum crutches. Arthur knows he can sell one set of crutches for $48.20. If Arthur needs a 23.8% markup on selling price, how much can he pay for one set of crutches from the wholesaler?

can you show the steps?
 
I can't figure out this word problem that has to do with markup, selling price, etc. here is the question?

Arthur Itus owns a medical supply store. Arthur has the chance to purchase a wholesale lot of aluminum crutches. Arthur knows he can sell one set of crutches for $48.20. If Arthur needs a 23.8% markup on selling price, how much can he pay for one set of crutches from the wholesaler?

can you show the steps?
Um... Markup is referenced in the blue above, and selling price is referenced in the red above. Can you see what this problem "has to do" with these topics now? ;)
 
Top