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# 2nd Graded Discussion Board. open Dec 09, 2015

A t-shirt business retailer fixed a markup rate of 35.5% on cost. Find the selling price of a t-shirt that costs the retailer \$40.

Opening Date of Graded Discussion Board:         Wednesday, December 9, 2015

Closing Date of Graded Discussion Board:          Monday, December 14, 2015

Instructions:

(1) Post your solution on Graded MDB and not on Regular Lecture MDB.

(2) Zero marks will be given to copied or irrelevant comments.

(3) The solution should be clear and to the point.

(4) Do not participate in the discussion more than once.

(5) No extra time will be given for discussion.

(6) You cannot participate in the discussion after due date or through e-mail.

(7) Properly prepare yourself about the topic using books or any source available to you.

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### Replies to This Discussion

A t-shirt business retailer fixed a markup rate of 35.5% on cost. Find the selling price of a t-shirt that costs the retailer \$40.

The selling price will be \$54.2.

see the handouts page no. 96 where same problem is given...

Enjoy!!!

yeah i checked thanks

answer thek ap ka likn y 96 pages py nhi he...same question is on page 102 sirf values change he.

we have to calculate in (\$) dollars not in (Rs) Rupees.

It will be in \$...

ok thanx

THEN WHAT WILL BE THE FORMULA FOR DOLLAR MARKUP.....I MEAN CAN WE WRITE FOLLOWING FORMULA

DOLLAR MARKUP= %Markup on cost × Cost price

fist of all find Rs MArkup and then selling price?

you can calculate either by your stated method or you can directly calculate through another formula given on the same page....

Cost of Tshir = \$40

markup rate 35.5%

40*35/100=14.2

Cost+Markcup=40+14.2=54.2

yeah same ans :)

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