09.04.2023

A department store buys 300 shirts at a cost of $3,600 and sells them at a selling price of $20 each. Find the percent markup. The percent markup is 1%. (Round to the nearest whole number as needed)

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24.06.2023, solved by verified expert
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40%

Step-by-step explanation:

A department store buys 300 shirts at a cost of $3,600 and sells them at a selling price of $20 each. Find the percent markup.

The formula for Percent Markup is given as:

Selling price - Cost price/Cost price × 100

Cost price = $3,600

Selling price = $20 × 300 shirts

= $6000

Percent Markup = $6000 - $3600/6000 × 100

= 2400/6000 × 100

= 40%

The percent Markup is 40%

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Mathematics
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P Answered by PhD

40%

Step-by-step explanation:

A department store buys 300 shirts at a cost of $3,600 and sells them at a selling price of $20 each. Find the percent markup.

The formula for Percent Markup is given as:

Selling price - Cost price/Cost price × 100

Cost price = $3,600

Selling price = $20 × 300 shirts

= $6000

Percent Markup = $6000 - $3600/6000 × 100

= 2400/6000 × 100

= 40%

The percent Markup is 40%

Mathematics
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P Answered by PhD

Cost of 7 gallons=$24.50

Cost of 1 gallon=24.50/7=3.5

Cost of 15 gallons=15*3.5=52.5

Cost of 15 gallons will be $52.5

Mathematics
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P Answered by PhD

y=2x+15

where y=Value of coin

x=Age in years

Value of coin after 19 years=2*19+15

=$53

Therefore, Value after 19 years=$53

Mathematics
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P Answered by PhD
The answer is in the image 

The answer is in the image 

Mathematics
Step-by-step answer
P Answered by PhD

The answer is in the image 

The answer is in the image 
Mathematics
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P Answered by PhD

Salesperson will make 6% of 1800

=(6/100)*1800

=108

Salesperson will make $108 in $1800 sales

Mathematics
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P Answered by PhD

The solution is given in the image below

The solution is given in the image below

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