menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Business Mathematics
  4. Exam
    Exam 4: Mathematics of Merchandising
  5. Question
    An Item That Costs a Store $152
Solved

An Item That Costs a Store $152

Question 74

Question 74

Short Answer

An item that costs a store $152.50 is marked up by $47.45. Determine: a. The rate of markup on cost b. The rate of markup on selling price

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q69: The markup on greeting cards in a

Q70: The list price is $593 and the

Q71: What single rate of discount would be

Q72: How many employees will be cut one

Q73: Calculate the missing values: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB9643/.jpg" alt="Calculate

Q75: An invoice for $2365 was dated February

Q76: Furniture Warehouse bought upright freezers for $1800

Q77: The price structure in a store is

Q78: After a trade discount of 27.5%, a

Q79: Calculate the missing values. <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB9643/.jpg" alt="Calculate

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines