SOLUTION: A local department store sold a cookware set at the retail cost of 40$. The actual cost of the cookware was 25$. what was the percentage markup based on retail price for the cookwa

SOLUTION: A local department store sold a cookware set at the retail cost of 40$. The actual cost of the cookware was 25$. what was the percentage markup based on retail price for the cookwa

Algebra.Com

Question 934340: A local department store sold a cookware set at the retail cost of 40$. The actual cost of the cookware was 25$. what was the percentage markup based on retail price for the cookware set?
Answer by vicgonzerx(31) (Show Source): You can put this solution on YOUR website!
(40-25)/25=60% MARK UP
RELATED QUESTIONS
A hardware store paid $33.45 for a set of cookware. Overhead expense is 15% of the... (answered by solver91311)

Jane sells cookware on a door-to-door basis. The company she works for offers $45 per day (answered by Cromlix)

Several friends decided to equally share the $525 cost of the set of cookware for a... (answered by math_helper,Theo,VFBundy)

Price = ( actual cost) + ( 25 percent of actual cost) If the actual cost of a... (answered by addingup)

A manufacturer sells sets of golf clubs to a retail sports store for 25 percent more than (answered by jim_thompson5910)

A charitable organization is selling raffle tickets for $4 . The first prize a computer... (answered by Theo)

Appliance Store realizes a mark-up of PhP3,450 in selling TV sets. If its items are sold... (answered by Theo)

appliance store realizes a mark-up of php 3450 in selling tv sets if it's items are sold... (answered by CPhill)

A discount store bought 12 dozen radios. Each to be sold at $15.00 above cost. The... (answered by stanbon)