Find the selling price. Runner's Warehouse purchased digital watches for $91.99. Its markup rate is 20% based on the selling price.

At Billiards Supply House, a set of billiard balls is marked down 65% to a sale price of $28.00. Find the regular selling price and the markdown.

Find the (a) markdown and (b) markdown rate. Round answer to the nearest tenth of a percent.

$$\scriptstyle\begin{array}{|c|c|c|c|l|l|} \hline \text { Item } & \begin{array}{c} \text { Regular } \\ \text { Price } \end{array} & \text { Sale Price } & \text { Markdown } & \text { Markdown Rate } \\ \hline \text { Fishing rod } & \$ 99.99 & \$ 64.99 & \text { a. } & \text { b. } \\ \hline \end{array}$$

Find the selling price. Toolbox: $5.16; markup: 40% of the selling price

Round markup rates to the nearest tenth of a percent.

$$\scriptstyle\begin{array}{|c|c|c|c|l|l|} \hline \text { Item } & \text { Selling Price } & {\text { Cost }} & {\text { Markup }} & \begin{array}{c} \text { Markup Rate } \\ \text { Based on Cost } \end{array} \\ \hline \text { Cat toy } & \$ 1.04 & \$ 0.13 & \text { a. } & \text { b. } \\ \hline \end{array}$$

Determine the markup.

$$\begin{array}{|c|c|c|c|c|c|} \hline \text { Item } & \text { Selling Price } & - & \text { Cost } & = & \text { Markup } \\ \hline \text { Rosebush } & \$ 9.97 & - & \$ 6.68 & = & \\ \hline \end{array}$$

Find the (a) overhead, (b) net profit, and (c) net-profit rate. Round answers to the nearest whole percent.

$$\scriptscriptstyle\begin{array}{|c|c|c|c|c|c|c|c|} \hline \text { Item } & \text { Markup } & \text { Selling Price } & \begin{array}{c} \text { Overhead } \\ \text { Percent } \end{array} & \text { Overhead } & \text { Net Profit } & \begin{array}{c} \text { Net-Profit } \\ \text { Rate } \end{array} \\ \hline \text { Headphones } & \$ 45.00 & \$ 99.00 & 30 \% & \text { a. } & \text { b. } & \text { c. } \\ \hline \end{array}$$

Determine the (a) markup and (b) markup rate. Round answer to the nearest tenth of a percent.

$$\scriptstyle\begin{array}{|c|c|c|c|c|c|c|} \hline \text { Item } & \text { Selling Price } & - & \text { Cost } & = & \text { Markup } & \begin{array}{c} \text { Markup } \\ \text { Rate } \end{array} \\ \hline \text { Hardcover book } & \$ 24.97 & - & \$ 18.43 & = & \text { a. } & \text { b. } \\ \hline \end{array}$$

Identify the formula for calculating the selling price based on cost and markup rate.

Find the (a) markup, (b) overhead, and (c) net profit.

$$\scriptstyle\begin{array}{|l|c|c|l|c|l|l|} \hline \text { Item } & \begin{array}{c} \text { Selling } \\ \text { Price } \end{array} & \text { Cost } & \text { Markup } & \begin{array}{c} \text { Overhead } \\ \text { Percent } \end{array} & \text { Overhead } & \text { Net Profit } \\ \hline \text {Couch} & \$ 250.00 & \$ 120.00 & \text { a. } & 35.00 \% & \text { b. } & \text { c. } \\ \hline \end{array}$$

Paulie's Percussion Paradise sells acertain drum set for $2,150.50. For one week only, Paulie's has marked down the price to$1,750.00. What is the markdown rate? A. 23.9 B. 22.8% C. 81.3% D. 18.6%

Find the markdown and the markdown rate.

$$\scriptstyle\begin{array}{|c|c|c|l|l|} \hline \text { Item } & \begin{array}{c} \text { Regular } \\ \text { Price } \end{array} & \begin{array}{c} \text { Sale } \\ \text { Price } \end{array} & \text { Markdown } & \text { Markdown Rate } \\ \hline \text { Polo shirt } & \$ 32.18 & \$ 26.37 & \text { a. } & \text { b. } \\ \hline \end{array}$$

Find the markdown and the markdown rate.

$$\scriptstyle\begin{array}{|c|c|c|l|l|} \hline \text { Item } & \begin{array}{c} \text { Regular } \\ \text { Price } \end{array} & \begin{array}{c} \text { Sale } \\ \text { Price } \end{array} & \text { Markdown } & \text { Markdown Rate } \\ \hline \text { Small calculator } & \$ 12.67 & \$ 5.50 & \text { a. } & \text { b. } \\ \hline \end{array}$$

Find the markdown and the markdown rate.

$$\scriptstyle\begin{array}{|c|c|c|l|l|} \hline \text { Item } & \begin{array}{c} \text { Regular } \\ \text { Price } \end{array} & \begin{array}{c} \text { Sale } \\ \text { Price } \end{array} & \text { Markdown } & \text { Markdown Rate } \\ \hline \text { Beads } & \$ 1.29 & \$ 0.79 & \text { a. } & \text { b. } \\ \hline \end{array}$$