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Find the cost of the article. Retail price of article = $555 Percentage of markup (on cost) = 35% Cost of article = _____. 194.25 360.75 411.11 749.25

Respuesta :

Answer:

The correct option is D. $749.25

Step-by-step explanation:

Retail Price of the article = $555

Percentage of mark up on the cost = 35%

Mark up cost of the article = 35% of 555

                                            = 0.35 × 555

                                            = $194.25

Now, cost price of the article = Retail cost price + Mark up cost

                                                = 555 + 194.25

                                                = $749.25

Hence, Cost of the article = $749.25

Therefore, The correct option is D. $749.25

DSJ13

Answer:

$411.11

Step-by-step explanation:

(Oware) They are looking for the Cost Not the Retail.  So you have to figure this one out backwards.  

411.11 x 0.35 = 554.9985

Rounded up is retail of $555

So the answer is $411.11

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