At Bed Bath and Beyond, the manager, Jill Roe, knows her customers will pay no more than $300 for a bedspread, Jill wants a 35%

markup on selling price. What is the most that Jill can pay for a bedspread?

Maximum amount

Respuesta :

Answer:

195

Step-by-step explanation:

I would tackle this question with cross multiplying.

 x          65

---    =   ------

300        100

The 300 is the price the customer will pay and x is the amount Jill bought it for. Because Jill wants a 35% markup, that means she is willing to pay 65% what her customers will pay (100-35=65). so we put the 65 over 100 on the other side of the equals sign and cross multiply it out.

100x=19500

Divide both sides by 100 and you get

x=$195

So your answer is: The most Jill Roe can pay for a bedspread is $195.

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