Question

2/6The tiles show how much a retailer pays for different items and what the items sell for in the store.Write the name of each item in the correct box.Braceletcost: $75CDGreeting Cardcost: $1.19selling price: $1.50selling price: $19.25cost: $10.80selling pace:$12.95Speakerscost: $44.55selling price: $54.99Soccer Ballcost: $23.75selling price: $29.95Rocking Chaircost: $61selling price: $75.99Markup Less Than 25%Markup Greater Than 25%

Answer 1

Answer:

Explanations:$\text{Markup = }\frac{SP-CP}{CP}\times100\%$

where SP = Sellinnng Price

CP = Cost Price

For Bracelet:

Cost = $15, SP = $19.25

$\begin{gathered} \text{Markup = }\frac{19.25-15}{15}\times100 \\ \text{Markup = 28.3\%} \end{gathered}$

For Greeting card:

Cost = $1.19 SP = $1.50

$\begin{gathered} \text{Markup = }\frac{1.50-1.19}{1.19}\times100\% \\ \text{Markup = }26.05\% \end{gathered}$

CD:

Cost = $10.80, SP = 12.95

$\begin{gathered} \text{Markup = }\frac{12.95-10.80}{10.80}\times100\% \\ \text{Markup = }19.91\% \end{gathered}$

Speakers:

Cost = $44.55, SP = $54.99

$\begin{gathered} \text{Markup = }\frac{54.99-44.55}{44.55}\times100\% \\ \text{Markup = }23.43\text{ \%} \end{gathered}$

Soccer ball:

Cost = $23.75, SP = $29.95

$\begin{gathered} \text{Markup = }\frac{29.95-23.75}{23.75}\times100\text{ \%} \\ \text{Markup = }26.1\text{ \%} \end{gathered}$

Rocking chair:

Cost = $61, SP = $75.99

$\begin{gathered} \text{Markup = }\frac{75.99-61}{61}\times100\% \\ \text{Markup = 2}4.57\text{ \%} \end{gathered}$