Tuesday, April 16, 2013

HW 4/16/2013


CST Prep: Mark Up, Discount, Tax

Vocabulary:

Markup:  (%W)
The percent of the wholesale, cost or original price.

Retail Price = Wholesale Price + Markup

Discount: (%R)
The percent off of the retail or original price.

Sales Price = Retail Price - Discount

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