Answer:

Given, the cost of product is

per case of

boxes.

Selling price is

cents each. Thus, selling price per case is

Thus, selling price per case of softies is

cents.

Convert cents into dollars.

Amount of markup can be given by the formula

Substitute selling price

and cost

into previous formula and solve

Thus, amount of markup for softies per case is

.

When markup and selling price is given, the percent markup based on selling price can be found by the formula

Substitute markup

and selling price

into previous formula and solve

Thus, percent markup based on selling price is

.

Answer:

To convert percent markup based on cost to percent markup based on selling price, we divide percent markup based on cost by

the percent markup based on cost.

In order to convert percent markup based on cost to percent markup based on selling price uses the following formula

Answer:

Selling price is found by the following formula when percent markup based on cost is known