C% = 100% – M% S = C ÷ C% M = S – C — Find the selling price and markup for a case of Newman's Own special blend coffee that costs the retailer 35 87 if the markup is 22 of the

General StudiesGeneralWorked Solution

Find the selling price and markup for a case of Newman's Own® special blend coffee that costs the retailer $35.87 if the markup is 22% of the selling price.

SOLUTION

C% = 100% – M% S = C ÷ C% M = S – C

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C% = 100% – M% S = C ÷ C% M = S – C — Find the selling price and markup for a case of Newman's Own special blend coffee that costs the retailer 35 87 if the markup is 22 of the

SOLUTION

C% = 100% – M% S = C ÷ C% M = S – C

Unlock the complete assignment

C% = 100% – 22% S = $35.87 ÷ 78% M = $45.99 – $35.87

C% = 78% S = $35.87 ÷ 0.78 M = $10.12

S = $45.99