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BM427 Markup - Cost Wkst #2

Last updated almost 5 years ago

19 questions

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Show all your thinking for each problem.

Question 1

1.

Find the cost of a desk chair that sells for $69.99 and is marked up $21.70 based on cost.

Question 2

2.

Find the percent markup of a desk chair that sells for $69.99 and is marked up $21.70 based on cost. Round to the nearest whole percent.

Question 3

3.

Find the selling price of a television that costs $288 and is marked up $114 based on cost.

Question 4

4.

Find the percent markup of a television that costs $288 and is marked up $114 based on cost. Round to the nearest whole percent.

Question 5

5.

A loveseat costs $275 and sells for $490. Find the markup based on cost.

Question 6

6.

A loveseat costs $275 and sells for $490. Find the rate of the markup based on cost. Round to the nearest whole percent.

Question 7

7.

A refrigerator sells for $1,780. The cost is $1,160. Find the markup based on cost.

Question 8

8.

A refrigerator sells for $1,780. The cost is $1,160. Find the rate of the markup based on cost. Round to the nearest whole percent.

Question 9

9.

A laptop computer costs $2,350 and is marked up based on cost. If the laptop sells for $3,000, what was the markup?

Question 10

10.

A laptop computer costs $2,350 and is marked up based on cost. If the laptop sells for $3,000, what was the percent of the markup?

Question 11

11.

A washing machine that costs $499 sells for a 35% markup based on cost. What is the selling price of the washing machine?

Question 12

12.

A washing machine that costs $499 sells for a 35% markup based on cost. What is the markup of the washing machine?

Question 13

13.

A gaming system costs $765 and sells for $1,591. What is the markup based on cost?

Question 14

14.

A gaming system costs $765 and sells for $1,591. What is the percent of the markup based on cost?

Question 15

15.

What is the cost of a bathroom faucet that is marked up $38 if the markup rate is 60% based on cost.

Question 16

16.

What is the selling price of a bathroom faucet that is marked up $38 if the markup rate is 60% based on cost.

Question 17

17.

An iphone sells for $829. The markup rate is 225% of the cost. Find the cost of the iphone based on cost.

Question 18

18.

An iphone sells for $829. The markup rate is 225% of the cost. Find the markup of the iphone based on cost.

Question 19

19.

Pillows cost $10.50 each. A retailer purchased 75 pillows and sells them at a 175% markup based on cost. Find the total selling price for all 75 pillows