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If the sales price of a DVD is $30, and the markup on the cost is 50%, what is the cost of producing the DVD?

User Diedu
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Final answer:

The cost of producing the DVD is $20.

Step-by-step explanation:

The sales price of a DVD is $30 and the markup on the cost is 50%. To find the cost of producing the DVD, we can use the formula:

Cost = Sales Price / (1 + Markup%)

Plugging in the given values, we get:

Cost = $30 / (1 + 0.50) = $30 / 1.50 = $20

Therefore, the cost of producing the DVD is $20.

User Oiva Eskola
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