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45 votes
45 votes
Cost to store-$152, Mark up 50%, Selling Price-?

User Gary Ye
by
2.2k points

1 Answer

12 votes
12 votes

Answer:

Amount of selling cost = $228

Explanation:

Given:

Amount of cost to store = $152

Mark up = 50%

Find:

Amount of selling cost

Computation:

Amount of mark up = Amount of cost to store x Mark up

Amount of mark up = 152 x 50%

Amount of mark up = $76

Amount of selling cost = Amount of cost to store + Amount of mark up

Amount of selling cost = 152 + 76

Amount of selling cost = $228

User Pdr
by
2.5k points