Markup rate is 15% and markup is $18 What is the cost and retail price?

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asked Jul 3, 2020 89.3k views

1 Answer

Hendrik Ebbers · Answer 1 · 2020-07-10T03:50:04+0000

There needs to be more info provided. This could 15% of $18 which means the cost and retail price is $20.70. Or it’s already marked up 15% and the markup price is $18, so the cost and retail price is approximately $15.65

Markup rate is 15% and markup is $18 What is the cost and retail price?

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