The usual retail price of an item is $100. The Need more help! The usual retail price of an item is $100. The manufacturer’s cost to produce the item is $40. Retailers take a 50 percent markup and wholesalers take a 10 percent markup (markup is calculated on selling price, unless otherwise is indicated). a. What is the retailer’s markup in dollars?______________________________ b. What is the wholesale price?_______________________________________ c. What is the manufacturer’s price?___________________________________ d. What is the manufacturer’s markup percentage? _______________________ Students also viewed these Organizational Behavior questions The sale price of an item with a 33% discount on its The sale price of an item with a 33% discount on its list price L Write an algebraic expression for the verbal description. The net price of an item after a discount of 22% is The net price of an item after a discount of 22% is $155.61. What is the amount of the discount? 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Q: The usual retail price of an item is $100. The manufacturer’s cost to produce the item is $40. Retailers take a 50 percent markup and wholesalers”
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