1. I just bought a kite at the departmnet store for $5.95. The owner of the store bought it from a wholesaler for $3.10. Which price is retail price?
The $5.95 is retail price because the owner got it for wholesale.
2. What precentage of the retail price is the whole sale price in #1?
3. If the sandals cost $58.00 wholesale and $105.00 retail, what is the markup in dollars?
4.The markup in #3 is what percent of the retail?
5.What precent of the wholesale in #3 is the markup?
6. A dozen eggs are purchased from the farmer at $1.05 per dozen. They are then sold to the consumer for $1.45. What percent of the retail is the markup.