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qid 175 · business

Question: The owner of a small store plans on purchasing $1,500 worth of goods to be marked up 40% based on the selling price. Of this he will have purchased $200 worth of "floor goods", which will sell for $250. If he is to maintain the desired 40% markup on the total purchase, what markup % is needed on the balance of the purchases?

  1. 43.75%
  2. 41%
  3. 50%
  4. 45%
  5. 39.5%
  6. 38%
  7. 47.5%
  8. 46.5%
  9. 40%
  10. 42.22%

Our answer: J. 42.22% Source quote machine-checked (exact quote)

A machine check confirms the quoted words appear at the source. A person has not yet reviewed these. EARN MARKS as a Human Reviewer

How it was answered

Stored formula / worked method, replayed by code

Composite retail inventory markup on selling price balance problem

card: formula · card sha256 7b03228784bcbac7…

Current source

Wikipedia, "Markup (business)"

https://en.wikipedia.org/wiki/Markup_(business)

“A different method of calculating markup is based on percentage of selling price. This method eliminates the two-step process above and incorporates the ability of discount pricing.”

Source quote machine-checked (exact quote)

retrieved 2026-09-18T02:02:02.617Z

page text sha256 bc84f5570ba15e56… · content sha256 f06668bb314a1d88…

addendum formula_qid175.formula_ADDENDUM_source_rs20260918T020202Z · sha256 96ae477b88fd0f01… · replaces the version below, addendum sha256 7ee01be8fe92d61d…

Earlier version (superseded)

https://en.wikipedia.org/wiki/Gross_margin

Source weak (http_get_200_text_and_question_terms)

retrieved 2026-09-17T00:31:29.049Z

page text sha256 6ba3516fdfe1dc25… · content sha256 —

addendum formula_qid175.formula_ADDENDUM_source_relabel_unverified20260917T012453Z · sha256 7ee01be8fe92d61d… · replaces the version below, addendum sha256 1a7242f5809b0640…

Earlier version (superseded)

https://en.wikipedia.org/wiki/Gross_margin

Source weak (http_get_200_text_and_question_terms)

retrieved 2026-09-17T00:31:29.049Z

page text sha256 6ba3516fdfe1dc25… · content sha256 —

addendum formula_qid175.formula_ADDENDUM_source_bf20260917T003129Z · sha256 1a7242f5809b0640… · replaces the version below, addendum sha256 f59d1a95b1e834e5…

Earlier version (superseded)

No public source has been found for this card yet (3 places checked internally).

addendum formula_qid175.formula_ADDENDUM_source · sha256 f59d1a95b1e834e5…

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