Question 1201585
You are the manager of Motown Hardware. You are currently selling Energy Max batteries for $49.90. The cost of the batteries is $32.50.
1. Indicate the amount of the markup on these batteries


($49.90. - $32.50)/32.50  
=0.5353
53.53 %

3. If the supplier reduces the cost to $29.00 as a promotional trade discount this week, what is your new amount of markup and what is the percent markup based on selling price?.

(49.90 - 29)/29 
=0.7206
=72.06%