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Retail mark up

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schubie - Sep 15, 2009 at 01:12 PM
 Schubie - Sep 17, 2009 at 08:50 AM
Hello,
I have an item to mark up that is made up of 2 different components.

Part 1 costs $41.00 and has a markup of 1.25 which equals $51.25.

Part 2 costs $26.00 and has a markup of 2.4 which equals $62.40.

Total for the 2 parts is $113.65.

If I add the 2 costs together, the total cost is $67.00. What 1 markup can be used to consistently get the final retail to $113.65?

2 responses

Answer 1 / 2
Excelguru Posts 261 Registration date Saturday April 11, 2009 Status Member Last seen June 21, 2011 307
Sep 16, 2009 at 11:01 PM
Hello

I think if you add both your single mark up will be $113.65/ $67.00 = $1.7
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Answer 2 / 2
Schubie
Sep 17, 2009 at 08:50 AM
Thanks for the answer!
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