Brownsville, Texas, boasts being the southernmost international seaport and the largest city in the lower Rio Grande Valley. Ben Supple, an importer in Brownsville, has just received a shipment of Peruvian opals that he is pricing for sale. He paid $129 for the shipment. Assume he wants a 74% markup.
Calculate the selling price based on selling price.
I don't understand how one could calculate the selling price based on the selling price. Maybe that is a stupid thing to say, but it makes no sense to me! Please help me out!!!
Calculate the selling price based on selling price.
I don't understand how one could calculate the selling price based on the selling price. Maybe that is a stupid thing to say, but it makes no sense to me! Please help me out!!!
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COST PAID $129.00
SELLING PRICE
= 74% UP COST PRICE
= COST PRICE + 74% OF COST PRICE
= $129.00 + 74% OF $129.00
= $129.00*174%
= $224.46 ANSWER
SELLING PRICE
= 74% UP COST PRICE
= COST PRICE + 74% OF COST PRICE
= $129.00 + 74% OF $129.00
= $129.00*174%
= $224.46 ANSWER
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129(1.74)
224.46
224.46