SOLUTION: Retail dress shop used a mark up rate of 50%. The dress cost the retailer 25.00. The markup is 50% of the cost so the markup is: (0.50)(25)=$12.50, $25 + $12.50= 37.50 The item sol
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Question 6153: Retail dress shop used a mark up rate of 50%. The dress cost the retailer 25.00. The markup is 50% of the cost so the markup is: (0.50)(25)=$12.50, $25 + $12.50= 37.50 The item sold for $37.50. Is this correct? Answer by CharStar(110) (Show Source):
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