Typically, one knows the COGS and along with the markup can calculate the sales price. However, you are clearly not providing this. Am I to assume the stated original price of $22 is not the previous sales price but rather the COGS? If this is the case, then the retail price will be $26.40.
Vivian G.
asked • 02/23/23What is the new price? Original price is $22 the markup rate is 20%
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