davewillis2010
New member
- Joined
- Aug 20, 2011
- Messages
- 10
working off an 18% margin, with markups based on cost, the Food Co-op Club boasts that they have 5000 members and a 200% increase in sales. the markup is 36% based on cost. What should be their percent markup if selling price were the base? Round to nearest hundredth percent.
and
Jim Abbott purchased a 60000 RV with a 40% markup on selling price. What was the amount of the dealer's markup? What was the dealer's original cost?
and
Jim Abbott purchased a 60000 RV with a 40% markup on selling price. What was the amount of the dealer's markup? What was the dealer's original cost?