Answer:
$44
Explanation:
Jane's maintained markup = sales price - cost = $80 - $36 = $44
The maintained markup is the difference between the cost of purchasing a picture frame and the actual retail price of the picture frames. To calculate the maintained markup you must used the net sales price after any discounts made.
Answer:
Explanation:
Given:
Cost price:
Quantity = 10 units
Price each = $36
Selling price:
Quantity = 10 units
Price each = $80
Selling price = cost price + markup
Markup = selling price - cost price
= (80 × 10) - (36 × 10)
= $800 - $360
= $440
Markup per unit of picture frame = 440/10
= $44.
