Register
Markup rate is 15% and markup is $18 What is the cost and retail price?
89.3k views
4 votes
Markup rate is 15% and markup is $18
What is the cost and retail price?

User Daniel Kennedy
by
5.5k points

1 Answer

5 votes
There needs to be more info provided. This could 15% of $18 which means the cost and retail price is $20.70. Or it’s already marked up 15% and the markup price is $18, so the cost and retail price is approximately $15.65
User Hendrik Ebbers
by
5.6k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

6.5m questions

8.7m answers

Other Questions

What is the least common denominator of the four fractions 20 7/10 20 3/4 18 9/10 20 18/25
What is 0.12 expressed as a fraction in simplest form
Solve using square root or factoring method plz help!!!!.....must click on pic to see the whole problem
What is the initial value and what does it represent? $4, the cost per item $4, the cost of the catalog $6, the cost per item $6, the cost of the catalog?
What is distributive property ?
Link Copied!