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Metrics 5

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Department
Marketing
Course
MKT 100
Professor
Paul Finlayson
Semester
Summer

Description
METRICS 5 WORKSHEET By: Fawad Syed ID: 500404091 Date: Tuesday, March 08, 2011 1) A computer software retailer uses a markup rate of 40%. If the retailer pays $25 each for computer games sold in its stores, how much do the games sell for? 25*1.40= $35 2) A golf pro shop pays its wholesaler $40 for a certain club, and then sells that club to golfers for $75. What is the retail markup rate? ((75-40)40)*100=87.5% 3) A shoe store uses a 40% markup on cost. Find the cost of a pair of shoes that sells for $63. 63*1.4=$45 4) In 2009, Donna Manufacturing sold 100,000 widgets for $5 each, with a cost of goods sold of
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