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anmdal
Tom sells tvs for $500. Tom's markup percent on sell price is 60%. what is the cost of the tv?
                     
 




Chance
Rating
Maybe I'm just confused by the question, but wouldn't that be $312.50 (cost) + $187.50 (60% markup) = $500?


Alexis
Rating
too much to little too late, And the answer is two hundred dollars.


lisa k
Rating
200


Brad F
Rating
200


deliquent_realm
500 x .60 = 300 cost of the tv would be 200$


talk nerdy to me
$200


CP
Rating
Chance is correct

If cost price = x, then:

$312.50 (cost) + $187.50 (60% markup on cost) = $500?

Other respondents seem to have calculated 60% of sell price, not the cost price.


shiprepairwoman
Rating
200*60% =300 mark up on 200 TV


Tropical Starz
If you take the decimal and move it to the left once, that will make it $50 which is only 10%. 50 x 6 = 300. $300 is the cost of the tv.


EL
Rating
500.00 x 0.60 = 300.00

500.00 + 300.00 = 800.00


zuestra99
$312.50

1.6x = 500


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