Find the selling price of the good that cost the retailer $250.00?
Calculate markup amount:
Markup amount = Original Price x Markup %
Markup amount = $250.00 x 20%
Markup amount = $50.00
Calculate selling price:
Selling Price = Original Price + Markup Amount
Selling Price = $250.00 + $50.00
Selling Price = $300.00
Final Answer
Selling Price = $300.00
You have 2 free calculationss remaining
What is the Answer?
Selling Price = $300.00
How does the Markup Markdown Calculator work?
Free Markup Markdown Calculator - Given the 3 items of a markup word problem, cost, markup percentage, and sale price, this solves for any one of the three given two of the items. This works as a markup calculator, markdown calculator. This calculator has 3 inputs.
What 3 formulas are used for the Markup Markdown Calculator?
Markup amount = Original Price x Markup % Markup Amount = Final Price - Original Price Original Price = Markup Amount/(1 + Markup %)