You are a department manager for Dillon’s. Your policy is to mark up the merchandise you sell in your department by 27%. The newest string

Question

You are a department manager for Dillon’s. Your policy is to mark up the merchandise you sell in your department by 27%. The newest string cheese that you have gotten in has a cost of $3.00 a package. What price will you sell this package for?
[hint: what is mark up rate? (1+rate) x regular price = new price

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Hailey 3 weeks 2021-09-25T00:14:50+00:00 1 Answer 0

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    0
    2021-09-25T00:16:02+00:00

    Answer:

    Step-by-step explanation:

    Mark up rate = 27%

    Purchase price = $ 3.00

    New price = Purchase price + Mark up price

    Markup price = 27/100(3.00)= 0.81

    New Price = $3.00+ $0.81 = 3.81

    Selling Price = $3.81

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