Question

Anna sells a certain pair of earrings at her store for $45.20 per pair. Her overhead expenses are $6.00 per pair and she makes 35.00% operating profit on selling price.a. What is her amount of markup per pair of earrings?$0.00

Answer 1

Given:

Anna sells certain pair of hearings $45.20 per pair.

Overhead expenses $6 per pair.

35% operating profit on selling price.

$\text{Amount markup per pair =(45.20}\times\frac{35}{100})+6$$\text{Amount markup per pair =}15.82+6$$\text{Amount markup per pair = \ 21.82}$

Therefore, the amount of markup is $21.82.