12.7k views
3 votes
Can you please help me with all the steps steps it's too hard.

Can you please help me with all the steps steps it's too hard.-example-1

1 Answer

1 vote

We know that Fashion Fun uses a mark-up of 285%. To determine the sell price in Sally's store we can use the rule of three.


\begin{gathered} 4.5\rightarrow100 \\ x\rightarrow285 \end{gathered}

Then, the sell price is


\begin{gathered} x=(285\cdot4.5)/(100) \\ =(1285.5)/(100) \\ =12.86 \end{gathered}

The sell price in Fashion Fun is 12.86.

The mark-up amount is the sell price minus the purchased price, then


12.86-4.5=8.36

Therefore the mark-up amoun is $8.36. Furthermore this is also the profit Sally will have if she sells the dress in this price.

If Sally doesn't sell the dress in this price she should make a discount in the price.

User JIE WANG
by
5.3k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.