FALBPB.2 - Wholesale, Markup, Retail

The price a manufacturer charges the retailer. It covers manufacturing, materials, shipping and other things that create the goods.

• Markup

• Retail Price

• Wholesale Price

• Profit

The price a the retailer sells the item to the public.

• Markup

• Retail Price

• Wholesale Price

• Profit

The wholesale price for a widget is $5.50. The markup is 75%. What is the retail price?

• $1.37

• $4.13

• $5.50

• $9.63

The wholesale price for a widget is $2.00. The markup is 145%. What is the retail price?

• $0.90

• $2.90

• $4.90

• $6.90

The retail price is $25. The markup is 75%. What is the wholesale price?

• $10.71

• $14.29

• $18.75

• $43.75

The retail price is $70. The markup is 350%. What is the wholesale price?

• $15.56

• $20.00

• $245.00

• $315.00

The 2023 Subaru Outback has a starting MSRP (manufacturing suggested retail price) is $28,395. The cost to manufacture the car is $9,000. What is the markup percentage?

• 31.7%

• 68.3%

• 215.5%

• 315.5%

The National Average Cost to build a new home is $248,000 (homeguide.com). The cost to purchase a new home in Anne Arundel County is $442,517 (zillow.com). What is the markup percentage?

• 44%

• 56%

• 78%

• 178%