it costs $5,600 to manufacture a Jet Ski. if the desired percent markup based on

Algebra
Tutor: None Selected Time limit: 1 Day

it costs $5,600 to manufacture a Jet Ski. if the desired percent markup based on cost is 48%, how much should each Jet Ski sell for?

Jun 13th, 2015

Thank you for the opportunity to help you with your question!

Cost to manufacture = $5,600

Markup % = 48%  

Markup price = (48/100) * 5600 = $ 2,688.00

sell price = cost of manufacture + mark up price

= 5600 + 2688 = $8,288.00

The jet ski sells for $8288.

Please let me know if you need any clarification. I'm always happy to answer your questions.
Jun 13th, 2015

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Jun 13th, 2015
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