Week 3 QRB/501 Mathematics of Buying and Selling Exercises

Complete the ten exercises located in the template. (3 examples) NEED FORMULA
Nordstrom plans to mark up a Brahmin Croc Embossed Laptop Case $130.50 over cost, which is a 58% markup based on the cost. Find the cost, the selling price, and the rate of the selling price.

Ronin Copies marks up
signs that sell for $49. The markup is 80% based on the
selling price.

What is the cost and the amount of markup
of a sign? Lowe’s reduced a Maytag dishwasher 12.563%. If the dishwasher was priced at $398, find the amount of markdown and the reduced price.