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category
business
question
The owner of a small store plans on purchasing
$1,500 worth of goods to be marked up 40% based on the selling price. Of this he will have purchased $200 worth of "floor goods", which will sell for $250. If he is to maintain the desired 40% markup on the total purchase, what markup % is needed on the balance of the purchases?Plain-text mathematical notation (without MathML)
The owner of a small store plans on purchasing $1,500 worth of goods to be marked up 40% based on the selling price. Of this he will have purchased $200 worth of "floor goods", which will sell for $250. If he is to maintain the desired 40% markup on the total purchase, what markup % is needed on the balance of the purchases?
Original LaTeX notation
The owner of a small store plans on purchasing $1,500 worth of goods to be marked up 40% based on the selling price. Of this he will have purchased $200 worth of "floor goods", which will sell for $250. If he is to maintain the desired 40% markup on the total purchase, what markup % is needed on the balance of the purchases?
src
stemez-Business
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