Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. the percent markup on a mountain bike is 55% based

The percent markup on a mountain bike is 55% based on selling price. If the...

60.1K

Verified Solution

Question

Accounting

The percent markup on a mountain bike is 55% based on selling price. If the seller paid $770 for one, then what is the equivalent percent markup based on seller's cost? Round to the nearest tenth percent.

Do not enter the percent symbol in you answer.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

By means of examples for each of the following components: book, book chapter, journal, website and a...

Medical Sciences
Q

Generate 10 opportunities for innovation related to the microwave oven (that is, list 10 ideas or...

Electrical Engineering
Q

describe the core, actual, augmented products of Nissan LEAF?

General Management
Q

QS without slipping on the horizontal surface as shown List gives the four different shapes...

Physics
Q

How many moles are in 25.3 g of a sample of potassium nitrate (KNO?)?(Atomic masses:...

Basic Math
Q

please help with the numbers in the problem Comparative...

Accounting
Q

Why is it important for an organizations HR systems to be designed for their unique...

Accounting
Q

Work related injuries has always been a major concern for employers Health and safety training...

Accounting
Q

Material and Labor Variances The following actual and standard cost data for direct material...

Accounting
Q

Assume semi-annual payments A bond has a coupon rate of 30% when yields are 2.59%...

Accounting
Q

RJCBS COMM 2131 W24 A. Coish 2?nd MIDTERM Mar 192024 (35%) Bricktown Pub...

Accounting
Q

I need help with the following question. For this assignment, pick a brand that has...

Finance