LoydV49637 LoydV49637
  • 03-11-2022
  • Mathematics
contestada

Unit cost of ring: $375Markup: 75%Retail Price?

Respuesta :

AspasiaM464473 AspasiaM464473
  • 03-11-2022

Answer:

[tex]Retail=\text{ \$656.25}[/tex]

Step-by-step explanation:

The retail price is represented by:

[tex]\text{ Retail= Cost*\lparen1+Markup \lparen as decimal\rparen\rparen}[/tex]

Therefore, by the given information:

[tex]\begin{gathered} Retail=375*(1+0.75) \\ Retail=\text{ \$656.25} \end{gathered}[/tex]

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