SOLUTION: 1)A shoe manufacturer desires to obtain a mark-up of R185 per pair of shoes.If his mark-up is 45%;
1.1What is the cost of the shoe to the manufacturer?
1.2How much will be the se
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Question 982530: 1)A shoe manufacturer desires to obtain a mark-up of R185 per pair of shoes.If his mark-up is 45%;
1.1What is the cost of the shoe to the manufacturer?
1.2How much will be the selling price of a pair of shoes?
Answer by macston(5194) (Show Source): You can put this solution on YOUR website!
.
1.1 Cost=R185/0.45 = R411,11
1.2 Selling price = cost+mark-up = R411,11+R185 = R596,11
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