Question

The selling price of an item is ​$480. It is marked down by ​10%, but this sale price is still marked up from the cost of ​$. Find the markup from cost to sale price.

Answer 1

Answer: can someone help with my question really need help its a test.

Explanation:

9999999

Answer 2

Markup = [(Revenue – COGS) / COGS] X 100.

Markup = (Gross Profit / COGS) X 100.

Markup = [(Revenue – COGS) / COGS] X 100.

Markup = [($400 – $250) / $250] X 100.

Selling Price = [(Markup X COGS) + COGS] X 100.

Selling Price = (Markup X COGS) + COGS.

Selling Price = (0.50 X $100) + $100.

Explanation:

um i think this is the answer