mathematics of pricing

[logistic_guy]

Complete the following table by filling in the retail prices based on the given costs and markup percents:

Item​	Cost​	Markup Percent​	Retail Price​
A​	$39.03​	12.5%​	​
B​	$1.47​	65%​	​
C​	$69.22​	5.9%​	​
D​	$184.03​	22.5%​	​
E​	$23.36​	85%​	​

 

[khansaheb]

Complete the following table by filling in the retail prices based on the given costs and markup percents:

Item​	Cost​	Markup Percent​	Retail Price​
A​	$39.03​	12.5%​	​
B​	$1.47​	65%​	​
C​	$69.22​	5.9%​	​
D​	$184.03​	22.5%​	​
E​	$23.36​	85%​	​

Please show us what you have tried and exactly where you are stuck.

Please follow the rules of posting in this forum, as enunciated at:

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Please share your work/thoughts about this problem

 

[pka]

Complete the following table by filling in the retail prices based on the given costs and markup percents:

Item​	Cost​	Markup Percent​	Retail Price​
A​	$39.03​	12.5%​	​
B​	$1.47​	65%​	​
C​	$69.22​	5.9%​	​
D​	$184.03​	22.5%​	​
E​	$23.36​	85%​	​

After watching this post for a while I decided to answer with a solution for one of the list, Study it and post.
We are given the original cost [imath]\mathbb{C}[/imath] and markup percent [imath]\mathbb{M}[/imath].
Step 1. Remove the % sign from the [imath]\mathbb{C}[/imath] and multiply by [imath]100[/imath].
Step 2. Form the solution: [imath]\mathbb{C}+(100\mathbb{M})\cdot\mathbb{C}[/imath]
Now we will do
Item C: [imath]\mathbb{M}=5.9\%[/imath] by step1 becomes [imath]\mathbb{M}=.059[/imath] and [imath]\mathbb{C}=\$69.22[/imath].
Use step 2: [imath]\$69.22+(\$69.22)\cdot(0.059)=\$73.3098[/imath]

 

[logistic_guy]

Use step 2: [imath]\$69.22+(\$69.22)\cdot(0.059)=\$73.3098[/imath]

Or

\(\displaystyle 69.22 \times 1.059 = \$73.30\)

Item​	Cost​	Markup Percent​	Retail Price​
A​	$39.03​	12.5%​	​
B​	$1.47​	65%​	​
C​	$69.22​	5.9%​	\(\displaystyle \textcolor{red}{\$73.30}\)​
D​	$184.03​	22.5%​	​
E​	$23.36​	85%​	​

 

[logistic_guy]

Item​	Cost​	Markup Percent​	Retail Price​
A​	$39.03​	12.5%​	\(\displaystyle \textcolor{red}{\$43.91}\)​
B​	$1.47​	65%​	​
C​	$69.22​	5.9%​	$73.30​
D​	$184.03​	22.5%​	​
E​	$23.36​	85%​	​

 

[logistic_guy]

Item​	Cost​	Markup Percent​	Retail Price​
A​	$39.03​	12.5%​	$43.91​
B​	$1.47​	65%​	\(\displaystyle \textcolor{red}{\$2.43}\)​
C​	$69.22​	5.9%​	$73.30​
D​	$184.03​	22.5%​	​
E​	$23.36​	85%​	​

 

[logistic_guy]

Item​	Cost​	Markup Percent​	Retail Price​
A​	$39.03​	12.5%​	$43.91​
B​	$1.47​	65%​	$2.43​
C​	$69.22​	5.9%​	$73.30​
D​	$184.03​	22.5%​	\(\displaystyle \textcolor{red}{\$225.44}\)​
E​	$23.36​	85%​	​

 

[logistic_guy]

Item​	Cost​	Markup Percent​	Retail Price​
A​	$39.03​	12.5%​	$43.91​
B​	$1.47​	65%​	$2.43​
C​	$69.22​	5.9%​	$73.30​
D​	$184.03​	22.5%​	$225.44​
E​	$23.36​	85%​	\(\displaystyle \textcolor{red}{\$43.22}\)​