SOLUTION: Find the markup on a CD player whose wholesale cost $219 and whose retail price is $395.
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Question 345397: Find the markup on a CD player whose wholesale cost $219 and whose retail price is $395.
Answer by unlockmath(1688) (Show Source): You can put this solution on YOUR website!
Hello,
We could solve this a couple different ways. Let's set up an equation. Have x be the percentage. The equation will look like this:
219x=395
Divide both sides by 219 to get:
x=1.80 (rounded off) or 180% markup of the wholesale price.
Got it?
RJ
www.math-unlock.com
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