An air compressor costs $340 and sells for $695. Calculate the markup and the rate of the markup based on the selling price.
Complete the chart/table in the "show your work box" to find the items being asked for in the problem.
Question 2
2.
A file cabinet is marked up $140. This markup is a rate of 28%. Calculate the selling price and the cost based on the selling price.
Complete the chart/table in the "show your work box" to find the items being asked for in the problem.
Question 3
3.
A lawn tractor that costs the retailer $599 is marked up 36% of the selling price. Calculate the selling price and the markup based on the selling price.
Complete the chart/table in the "show your work box" to find the items being asked for in the problem.
Question 4
4.
A sofa (couch) that sells for $1,499 is marked up 60% of the selling price. Calculate the cost and the markup based on the selling price.
Complete the chart/table in the "show your work box" to find the items being asked for in the problem.
Question 5
5.
Lowe's is selling its best quality floor tiles for $15 each. This is a 48% markup based on the selling price.
Calculate the cost and the markup of these tiles.
Complete the chart/table in the "show your work box" to find the items being asked for in the problem.
Question 6
6.
A sterling silver serving tray costs $1,400 and sells for $2,015. Calculate the markup and the rate of the markup of the tray based on the selling price.
Complete the chart/table in the "show your work box" to find the items being asked for in the problem.
Question 7
7.
A leaf blower has a cost of $100. The markup is $50. Calculate the selling price and the rate of the markup of the blower based on the selling price.
Complete the chart/table in the "show your work box" to find the items being asked for in the problem.
Question 8
8.
A lawnmower has a cost of $620. The markup is $190. Calculate the selling price and the rate of the markup of the mower based on the selling price.
Complete the chart/table in the "show your work box" to find the items being asked for in the problem.