kitkat8424
kitkat8424 kitkat8424
  • 25-03-2019
  • Mathematics
contestada

If the markup is 80% and the selling price is $21.60, what is the cost to the store?

Respuesta :

altavistard
altavistard altavistard
  • 25-03-2019

Answer:

$12

Step-by-step explanation:

Let p be the store's cost (cost to buy the product wholesale).

Then the selling price is p + markup, or

                                         p + 0.80p = 1.80 p

and this comes to $21.60.

Dividing $21.60 by 1.80 results in p = $12.

The cost to the store is $12.

Answer Link

Otras preguntas

what is the value of the rational expression 2x+1 : x*2 when x=5?
What is the solution to the system of equations below? y = 3/4 x - 12 and y = 4x - 31 (–4, –15) (–4, –12) (4, –9) (4, –47)
Which of the following is a characteristic of protein synthesis in prokaryotes?
Parametric Equations? How do you do them? I don't even know how to graph them and its so confusing because all the equations I put in say they're not written co
French I: Fill in the blank with the correct preposition.
Help! the file is attached
Which action did Nicholas Biddle take concerning the second Bank of the United States? A- He directed the Bank to delay foreclosure on farms during the economic
How did Muhammad start spreading his message about Islam?
Where did the colonists look for ideas about good forms of government? At first, they wanted to form a Parliament like the one in England, They wanted to copy t
Brutus could be considered a major character who acts as a(n) antagonist hero protagonist villain