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A toy store's markup rate is 28 percent of the wholesale price What is the retail price of a toy that has a wholesale price of 8?

simply multiply the wholesale price by the percentage markup (in this case 28%) to get the answer, for example: 8 x 0.28= 2.24 then add the answer to the original price 8 + 2.24= 10.24


What is the retail price when wholesale price is 200 and percent markup is 100?

The retail price will be 400 dollars. This is a high markup percent. You can get so many deals by participating in auctions or going through wholesale places.


What is the wholesale to retail markup on makeup?

It varies from country to country, and store to store - but the usual mark-up of most goods from wholesale to retail is 30%.


How to calculate Mark up opportunity cost?

For Retail Price question....If Retail price is 12,995. Markup % is 12. what was the wholesale price?


What is the normal markup percentage for a small retail business?

Try to get double what you paid.


What is the difference in buying spa products at wholesale and retail price?

There is a large difference between wholesale and retail prices for any product. Wholesale price are much lower so the retailer is able to markup the price and make a profit off the sale of the item.


what is the answer. A pet store sells a large dog kennel for $98.50. The wholesale cost of the kennel is $63.55. What is the percent of markup Round to the nearest percent.?

To calculate the percent markup, you first need to find the markup amount, which is the selling price minus the wholesale cost: $98.50 - $63.55 = $34.95. Then, divide the markup amount by the wholesale cost and multiply by 100 to get the markup percentage: ($34.95 / $63.55) * 100 ≈ 55%. Therefore, the percent markup for the dog kennel is approximately 55%.


What is the retail price for, original price: $64; Markup: 15%?

First we have to find the markup amount, which is the original price times the markup percentage: $64 * 15% This is the same as: $64 * 0.15 = $9.60 Now we add the markup amount to the original price to get the retail price: $64 + $9.60 = $73.60 The retail price is $73.60


Does net price refer to manufactures suggested retail price or wholesale price?

Net price is wholesale pricing. This usually indicates that the manufacturer does not have a set retail price for its product, and whatever you retail the product for is up to you. So check with your competitors as to what is the average markup on that product for your industry.


How do you find the percent markup if the Selling price is 650 from the wholesale cost of 450?

To find the percent markup, you first subtract the wholesale cost from the selling price: (650 - 450 = 200). Then, divide the markup amount by the wholesale cost: (200 \div 450 \approx 0.4444). Finally, convert this to a percentage by multiplying by 100: (0.4444 \times 100 \approx 44.44%). Thus, the percent markup is approximately 44.44%.


What if your store buys notebooks for 2.00 each and sells them at the retail price of 3.00 The markup percent based on cost is what percentage?

Cost = 2.00 Markup = 3.00-2.00 = 1.00 Markup as percentage of cost = 1.00/2.00 * 100 = 50 %


How do you calculate retail when the cost and markup percent is given?

Retail = cost*(1+markup/100)