How much can a manager afford to pay for a baseball glove, if he wants a 25% markup on the selling price in order to have a $50 markup?

Falak Kinney

Falak Kinney

Answered question

2021-03-05

How much can a manager afford to pay for a baseball glove, if he wants a 25% markup on the selling price in order to have a $50 markup?

Answer & Explanation

Faiza Fuller

Faiza Fuller

Skilled2021-03-06Added 108 answers

Let the needed term be x:
x=The selling price multiplied by the markup in decimals/
$50=0.25x
x=$500.25
x=$200

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