Solution-What would be the percent markup based on the

What would be the percent markup based on the selling price

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Q1. The markup on a TV should be 56% based on selling price. If the seller paid $264 for one, then how much should it be sold for (in $) to achieve the desired markup?

Q2. The selling price for a fishing boat is $8,592.39. What percent of the sale price is the markup if the cost of the fishing boat was $6,800? (Round your answer to the nearest tenth of a percent.)

Q3. The markup on a video game is 35% of the sale price. If the video game sells for $76.92, what was the cost (in $)? (Round your answer to the nearest cent.)

Q4. A purchaser paid $385.70 for a TV that cost the seller $290. If the seller's markup was 33% of the $290 cost, then what would be the percent markup based on the selling price?

Reference no: EM132945931

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What would be the percent markup based on the selling price

Reference no: EM132945931

Reference no: EM132945931

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