Answer :
1) Take wholesale cost and multiply it by 95%, then add to the original value
another way, just multiply by 1.95
Retail cost: 1.95x($99.50) = $194.03
2) Cost = $3.95
Mark up = 20%
20/100 X 3.95 = $0.79
Retail cost: 3.95 + 0.79 = $ 4.74
another way, just multiply by 1.95
Retail cost: 1.95x($99.50) = $194.03
2) Cost = $3.95
Mark up = 20%
20/100 X 3.95 = $0.79
Retail cost: 3.95 + 0.79 = $ 4.74