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Retail = cost*(1+markup/100)
Cost-plus-markup theory is the theory that business firms calculate their unit costs and add on a percentage markup.
you minus it
The question is slightly ambiguous, so I'll list the two possibilities:If the original price is 50, and the new price is 50 + a 40% markup, then we can calculate as follows:New price = 50 + 40%= 50 x 1.4= 70If however you meant that the original price is 50 including a 40% markup (eg tax), and you want to calculate the new price with this markup removed, we calculate the answer as:New price +40% = 50New price x 1.4 = 50New price = 50 / 1.4= 34.84= 35 (approx)
a violin was on sale of 50%. the sale price is 50 pesos . what was the original price ?
Multiply the original price by 1 plus the decimal equivalent of the markup. Example: $39.95 with a 25% markup = $39.95 x 1.25 = $49.94
For Retail Price question....If Retail price is 12,995. Markup % is 12. what was the wholesale price?
Cost price * markup + tax = selling price
Calculate the marginal cost of producing the suit. In an ideal, competitive world, the marginal cost = price, so this will be our base. Then you simply find 200 - marginal cost and this provides you the markup.
a markup percent
It is programming languages that are referred to in terms of "high level" and "low level".Extensible Markup Language(XML) is a markup language not a programming language, it is a data formatting specification that makes the presentation of data independent of programs (so that data can be passed between programs).For this reason the answer to your question is "neither".
HyperText Markup Language .