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Quandaries & Queries
Q & Q
 Topic: percent markup
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4 items are filed under this topic.

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 Profit margin 2009-05-26 From andreya:what is the profit margin of a business that spends \$200 in order to make \$1000Answered by Penny Nom. Percentage markup 2007-01-16 From Lauren:MY DAD IS TRYING TO SELL PRODUCTS AT A 40% MARKUP. LET'S SAY THE COST IS \$55.00. SHOULDN'T YOU JUST DO, 55 X 1.4 = 77 , SO THE \$77 IS THE 40% MARKUP?? HE'S SAYING THAT YOU TAKE 55 / 60% = 91.67 . SO WHO'S FORMULA SHOWS YOU A TRUE 40% MARKUP OF \$55.00 DOLLARS??????Answered by Penny Nom. 64.5% profit 2001-01-12 From Ethel:IF I PURCHASE AN ITEM FOR \$2.00 AND I WANT TO RESELL IT WITH A MARGIN OF GROSS PROFIT OF 64.5% WHAT FORMULA DO I USE TO ARRIVE AT THAT RESELL FIGURE? Answered by Penny Nom. Percentage markup 1998-11-28 From John Coffey:My 11th grade daughter asked me how to calculate retail mark up percentages, I would appreciate any help with this question.Answered by Penny Nom.

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