Pregunta
UNIT 4 - PRACTICETEST
12. There was an
mark-up on shirts for which the wholesale cost was
per shirt. What will ritty’s charge customers for the shirt?
a. Convert the percent to decimal.
b. How much profit (mark-up) will Tilly’s make?
c. What will Tilly’s charge customers (retail price) for the shirt after the mark up?
12. There was an
a. Convert the percent to decimal.
b. How much profit (mark-up) will Tilly’s make?
c. What will Tilly’s charge customers (retail price) for the shirt after the mark up?
Ask by Cervantes Mathis. in the United States
Jan 25,2025
Solución de inteligencia artificial de Upstudy
Respuesta verificada por el tutor
Responder
Tilly’s will charge customers $9.10 per shirt after a 180% mark-up on the wholesale cost of $3.25.
Solución

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Como
Bonus Knowledge
To convert the percent to decimal, you divide by 100. So,
. Tilly’s will then add this decimal as a mark-up to the wholesale price.
The profit (mark-up) can be calculated by multiplying the wholesale cost by the decimal mark-up:
. This means Tilly’s will make a profit of
on each shirt sold.
Now, to find the retail price that Tilly’s will charge customers, simply add the mark-up to the wholesale cost:
. Therefore, Tilly’s will charge customers
for each shirt.

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