anonymous
  • anonymous
Wholesale price: $12 Retail price: $20 Markup on retail: ?
Mathematics
chestercat
  • chestercat
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skullpatrol
  • skullpatrol
Any ideas?
anonymous
  • anonymous
Well i think that you first subtract 12 from 20 and then get 8
anonymous
  • anonymous
OH and then do you take 8 divided by 20?

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anonymous
  • anonymous
I think I answered my own question! lol :D Thank you for the help! :D
skullpatrol
  • skullpatrol
Yes, you are correct: $8 is what the mark up is :D
anonymous
  • anonymous
so then you will get .4 after dividing 8 by 20 and then you multiply that by 100 to get the percent 40% :)
anonymous
  • anonymous
oh.. :) So what I have is wrong? This is the answer i have in my book. :)
skullpatrol
  • skullpatrol
Nothing, I'm wrong.
anonymous
  • anonymous
Oh that is ok. :) Thank you! :D
skullpatrol
  • skullpatrol
Thanks for trying :D

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