Exam 8: Markup and Markdown

The percent markup on a pickup truck is known to be 112% based on cost to the seller. If the seller paid $15,800 for one, then what would be the corresponding percent markup based on the sale price? (Round to the nearest tenth percent)

Calculate the missing information, rounding dollars to the nearest cent and percents to the nearest tenth percent: Furniture \1 ,820.00 Amount of Percent Markup 26.5\%

A customer just paid $318 for a Blu-ray player. If the cost was 60% of selling price what was the mark up amount?

Seasonal goods may undergo many markups and markdowns during their selling season.

Calculate the missing information, rounding dollars to the nearest cent and percents to the nearest tenth percent: Table \1 94.70 Amount of \ 230.33 Percent Markup

You can buy a mountain bike on sale for only $592.97. What is the percent markdown, if the original price was $689.50? (Round to the nearest whole percent)

A dress is currently on sale for $54.49. If the markdown percent is 21%, what was the original price to the nearest cent?

Calculate the missing information, rounding dollars to the nearest cent and percents to the nearest tenth percent: Original Amount of New Sale Markdown Percent Copier \2 2.99 \2 0.69

The selling price for a sail boat is $9,000. What is the percent markup based on selling price, if the cost of the fishing boat was $6,600? (Round to the nearest whole percent)

To calculate the selling price when the cost and the percent of markup based on the selling price are known, you would use the formula: ​ $\frac { \text { cos t } } { \text { 100 \% - Percent markup on selling price } }$ ​

The markup on a chair is 28% of the sale price. If the desk sells for $738.25, what was the cost?

The wholesale cost of a video game is $459.45. The original markup was 51% based on selling price. Find the final sale price after the following series of price changes: a markup of 24%, a markup of 17%, and a markdown of 10%. (Round each selling price to the nearest cent)

Calculate the corresponding percent markup, rounding to the nearest tenth percent: Percent Markup Percent Markup 150\%

Calculate the missing information, rounding dollars to the nearest cent and percents to the nearest tenth percent: Original Amount of New Sale Markdown Percent Washer \3 95.00 15\%

After Big Al's Sport Shop adds a markup of $25.70 to a tennis racket, it is sold for $90.56. What was Adam's cost?

A purchaser just paid $48,727.27 for a Crossover vehicle. If the markup based on cost was 45%, what was the cost of the crossover vehicle? (Round to the nearest whole dollar)

Find the cost of a radio that sells for $276.45 and has a markup of $36.95.

A markup of 33% based on cost is desired for a load of 800 bushels of peanuts. They were purchased at $5.85 per bushel. What should the selling price per bushel be after adjusting for an anticipated 21% spoilage rate? (Round answer to the nearest cent)

For any given item, the percent markup based on selling price is always ____________________ than the corresponding percent markup based on cost.

Find the markup on a computer system that sells for $2,355.90 but costs $1,849.95.