Question

2/6The tiles show how much a retailer pays for different items and what the items sell for in the store.Write the name of each item in the correct box.Braceletcost: $75CDGreeting Cardcost: $1.19selling price: $1.50selling price: $19.25cost: $10.80selling pace:$12.95Speakerscost: $44.55selling price: $54.99Soccer Ballcost: $23.75selling price: $29.95Rocking Chaircost: $61selling price: $75.99Markup Less Than 25%Markup Greater Than 25%

Answer 1

Answer:

Explanations:
`\text{Markup = }(SP-CP)/(CP)*100\%`

where SP = Sellinnng Price

CP = Cost Price

For Bracelet:

Cost = $15, SP = $19.25

`\begin{gathered} \text{Markup = }(19.25-15)/(15)*100 \\ \text{Markup = 28.3\%} \end{gathered}`

For Greeting card:

Cost = $1.19 SP = $1.50

`\begin{gathered} \text{Markup = }(1.50-1.19)/(1.19)*100\% \\ \text{Markup = }26.05\% \end{gathered}`

CD:

Cost = $10.80, SP = 12.95

`\begin{gathered} \text{Markup = }(12.95-10.80)/(10.80)*100\% \\ \text{Markup = }19.91\% \end{gathered}`

Speakers:

Cost = $44.55, SP = $54.99

`\begin{gathered} \text{Markup = }(54.99-44.55)/(44.55)*100\% \\ \text{Markup = }23.43\text{ \%} \end{gathered}`

Soccer ball:

Cost = $23.75, SP = $29.95

`\begin{gathered} \text{Markup = }(29.95-23.75)/(23.75)*100\text{ \%} \\ \text{Markup = }26.1\text{ \%} \end{gathered}`

Rocking chair:

Cost = $61, SP = $75.99

`\begin{gathered} \text{Markup = }(75.99-61)/(61)*100\% \\ \text{Markup = 2}4.57\text{ \%} \end{gathered}`