SabineCalias1610 SabineCalias1610
  • 13-03-2021
  • Mathematics
contestada

How much should a retailer mark up his goods so that when he has a 50% off sale, the resulting prices will reflect prices will still reflect a 75% markup, (on his cost)

Respuesta :

fichoh
fichoh fichoh
  • 15-03-2021

Answer:

250%

Step-by-step explanation:

Let initial Markup % = x

Sales price = 100% + x = (1 + x)%

50% off sale = (1+x)% - (1+x)% /2

Final price after 50% off sale = 1 + 0.75 = 1.75

Hence,

50% off sale = 75% price markup

0.5(1 + x) = 1.75

0.5 + 0.5x = 1.75

0.5x = 1.75 - 0.5

x = 1.25 / 0.5

x = 2.5

Hence, Markup on initial price should be 1.25 = (2.5 * 100%) = 250%

Answer Link

Otras preguntas

Social needs are acquired through?
Donald Johanson, Tom Gray, and others discovered a hominid that lived in East Africa__________ million years ago and nicknamed her Lucy, whose scientific name t
what are the differences between german and english schools
write 540 as a product of prime numbers
What caused Portugal to finallywithdraw from its African colonies?
solve the following problem: (12×10^9)÷(6×10^5)
How were chariot drivers protected in the Circus Maximus
what is the first 12 numbers in pi?
where are chromosomes found in eukaryotic cells
what british policy did american colonists protest at the boston tea party