Answered: The cost of the Good Son Stroller to…

The cost of the Good Son Stroller to the retailer is $245. If the retailer wants a rate of mark up on selling price of 30%, determine the amount of the mark up and the selling price.

EBK HEALTH ECONOMICS AND POLICY

7th Edition

ISBN:9781337668279

Author:Henderson

Publisher:Henderson

Chapter4: Economic Evaluation In Health Care

Section: Chapter Questions

Problem 7QAP

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The cost of the Good Son Stroller to the retailer is $245. If the retailer wants a rate of mark up on selling price of 30%, determine the amount of the mark up and the selling price.
The Great Outdoors Tent can be purchased from a wholesaler for $58 less discounts of 30% and 7%. The selling price will be the MSRP of $58. If overhead expenses are 25% of the selling price, find the rates of mark up on cost and on selling price?

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1. The Great Outdoors Tent can be purchased from a wholesaler for $58 less discounts of 30% and 7%. The selling price will be the MSRP of $58. If overhead expenses are 25% of the selling price, find the rates of mark up on cost and on selling price?

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