An office supply store adds a $2.50 markup to calculators and sells them for $5.95. (a) What is the cost (in $) of the calculators? $ (b) What is the percent markup based on cost? (Round your answer to the nearest tenth of a percen %

Mathematics For Machine Technology
8th Edition
ISBN:9781337798310
Author:Peterson, John.
Publisher:Peterson, John.
Chapter24: Percent Practical Applications
Section: Chapter Questions
Problem 40A: A manufacturing company receives $122,000 upon the completion of a job. Total expenses for the job...
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please help me solve both questions

An office supply store adds a $2.50 markup to calculators and sells them for $5.95.
(a) What is the cost (in $) of the calculators?
$
(b) What is the percent markup based on cost? (Round your answer to the nearest tenth of a percent.)
%
Transcribed Image Text:An office supply store adds a $2.50 markup to calculators and sells them for $5.95. (a) What is the cost (in $) of the calculators? $ (b) What is the percent markup based on cost? (Round your answer to the nearest tenth of a percent.) %
The markup on a TV should be 58% based on selling price. If the seller paid $126 for one, then how much should it be sold for (in $) to achieve the desired markup?
$
Transcribed Image Text:The markup on a TV should be 58% based on selling price. If the seller paid $126 for one, then how much should it be sold for (in $) to achieve the desired markup? $
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