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Mr. Herkowitz owns a jewelry store. He marks up all merchandise 50 percent of cost. If he sells a diamond ring for $1500, what did he pay the wholesaler for it?

Mr. Herkowitz owns a jewelry store. He marks up all merchandise 50 percent of cost. If he sells a diamond ring for $1500, what did he pay the wholesaler for it?
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1 vote
Mr. Herkowitz owns a jewelry store. He marks up all merchandise 50 percent of

cost. If he sells a diamond ring for $1500, what did he pay the wholesaler for it?

asked
User Greenify
by
7.6k points

1 Answer

5 votes

Answer:

$750

Explanation:

answered
User Chaquotay Inactive
by
8.7k points
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