SOLUTION: Jason's Appliance sells an oven for $650. Jason's marks up the oven 100% on cost. What is the cost? What is the dollar markup of the oven?
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Question 1019212: Jason's Appliance sells an oven for $650. Jason's marks up the oven 100% on cost. What is the cost? What is the dollar markup of the oven?
Answer by josmiceli(19441) (Show Source): You can put this solution on YOUR website!
Let = the cost
The selling price is:
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The cost is $325
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The dollar markup is $325
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