Quandaries
and Queries 

I am a buying assistant in a retail firm and would like to know: What is (how to calculate) the cost price of a product which is markedup by 15% and retailed at $25? Thanks, Sunitha 

Hi Sunitha, If you were calculating the list price and were given the cost price and told to mark it up 15%, you would take te cost price and multiply by 1.15. That is
Thus
Penny 

