10.4k views
5 votes
The selling price of an item is ​$520. It is marked down by 10​%, but this sale price is still marked up from the cost of ​$360. Find the markup from cost to sale price.

2 Answers

3 votes

Answer:

a

Explanation:

User Jenet
by
5.8k points
7 votes

Answer:

$108

Explanation:

markdown ​= percent markdown * selling price

=10%*520

= 0.10*520

=52

Next find the sale price. To find the sale​ price, subtract the markdown from the selling price.

sale/price ​= selling price - markdown

=520 - 52

=468

Now find the markup.

markup ​= sale price - cost

=468 - 360

=108

​Thus, the markup from cost to sale price is ​$108.

User Impostor
by
5.5k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.