Week 8 Math
Assume markups in Problems 8-1 to 8-6 are based on cost. Find the dollar markup and selling price for the following problems. Round answers to the nearest cent. LU 8-1(1, 2)
Item
Cost Markup percent Dollar markup Selling price
8-1. Bell and Ross watch 52.000 3or,
8-2. Burberry men’s watch
S425 200%
Solve for cost (round to the nearest cent): LU 8-1(3)
8-3 Selling price of office furniture at Staples, $6,000 Percent markup on cost, 40% Actual cost? 8-4. Selling price of lumber at
Home Depot, $4,000 Percent markup on cost, 30% Actual cost?
Complete the following: LU 8-1(1) Cost Selling price Dollar markup Percent markup on cost* 8-5. S15.10 $22.00 9 8-6. ? ? $4.70 102.17
`Round to the nearest hundredth perocnt.
Assume markups in Problems 8-7 to 8-12 are based on selling price.
Find the dollar markup and cost (round answers to the nearest cent): Lu 8-2(1, 2)
Item Selling price Markup percent Dollar markup Cost 8-7. Sony LCD TV $1.(X)0 45′,