document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1165965>Question 1165965</A>: <I><SPAN STYLE=\"word-break: break-all;\"> A diamond ring cost a jeweler $4,200. He requires a margin of 45%. At what price should he sell the ring? What rate of markup did he realize? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #790435 by </B><A HREF=/tutors/aboutme.mpl?userid=Theo><B>Theo(13342)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Theo><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=Theo><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=790435\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> the diamond ring cost him 4200.<BR>\n" );
document.write( "he requires a margin of 45%.<BR>\n" );
document.write( "4200 + .45 * 4200 = 6090.<BR>\n" );
document.write( "that's the price he needs to sell the ring at in order to make a gross profit of 45%.<BR>\n" );
document.write( "the markup is 45% of the cost which is .45 * 4200 = 1890.\r<BR>\n" );
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document.write( "4200 + 1890 = 6090<BR>\n" );
document.write( "the markup is 1890<BR>\n" );
document.write( "the percent markup is 1890/4200 * 100 = 45%\r<BR>\n" );
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