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I. Cost, Retail, & MU. Provide the answer with your calculation process. 1. Cost is...

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Accounting

I. Cost, Retail, & MU. Provide the answer with your calculation process.

1. Cost is $15.00-Retail is $25.00. What is the markup $ and the %?

2. The cost is 45% ($66.00). What is the retail price?

3. The markup is 36.5%, which is equal to $24.00. What is the retail price? What is the cost price?

The mark-up is 8.76. The

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