The flowers were marked up 120% of the cost to get get a selling price of $4.40. They did not sell well, so the florist reduced the mark up to 70% of the cost. What was the new selling price?
The flowers were marked up 120% of the cost to get get a selling price of $4.40. They did not sell well, so the florist reduced the mark up to 70% of the cost. What was the new selling price?
Hi Captain_Kangaroo, cost * 120% = $4.40 C * 120/100 = $4.40