Question

a department store buys 300 shirts at a cost of $5,400 and sells them at a selling price of $20 each. Find the markup price

Answer 1

The markup price for the shirts is $14,600.

Step-by-step explanation:

The markup price can be calculated by subtracting the cost price from the selling price. In this case, the cost of buying 300 shirts is $5,400, and the selling price of each shirt is $20.

Markup = Selling price - Cost price

Markup = $20 - $5.400

Markup = $14,600

Therefore, the markup price is $14,600.

Answer 2

It is $2 markup price.