BlackRain
Answered

At Westonci.ca, we connect you with the answers you need, thanks to our active and informed community. Ask your questions and receive detailed answers from professionals with extensive experience in various fields. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform.

How do you find a Mark-up or Mark-Down for retail prices? For example;
Original price; $279.99, Mark-down: 75%. And can someone please show how its done? Thanks. :)

Sagot :

Jaimsters
You take $279.99 x 75% then subtract what you you get from $279.99. This is is markdowns so for a mark up you add instead of subtracting.
Mark Up: Store pays $40 for shoes and sells to me for $75.calculate the markup in absolute terms 75 – 40 = 35. Narkup rate $40 (x)(40) so markup over the original price is 35 ÷ 40 = x = 0.875. It's a percentage so you need to use the decimal in the correct percentage which is 87.5%

Mark down: Original $425 marked down to $318.75. 425-318.75=106.25   ($106.25) is (some percent) of ($425) so 106.25 = (x)(425) and x = 106.25 ÷ 425 = 0.25. Use decimal to % form which is 25%

Harder than it looks…if you still don't understand let me know.

Your visit means a lot to us. Don't hesitate to return for more reliable answers to any questions you may have. Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. Westonci.ca is your go-to source for reliable answers. Return soon for more expert insights.