SOLUTION: If a gold bracelet costs the retailer $120, what should the selling price be in order that the mark-up be 35% of the selling price?
a) $162.00
b) $78.00
c) $184.62
d) None of t
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Question 184772This question is from textbook Business Mathematics
: If a gold bracelet costs the retailer $120, what should the selling price be in order that the mark-up be 35% of the selling price?
a) $162.00
b) $78.00
c) $184.62
d) None of these
This question is from textbook Business Mathematics
Answer by hustla7(3) (Show Source): You can put this solution on YOUR website!
5% is 0.05*120=$6
35% is $6*7= $42
add $42 to the original $120, you get a, $162
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