1. I just bought a kite at the departmnet store for $5.95. The owner of the store bought it from a wholesaler for $3.10. Which price is retail price?
The $5.95 is retail price because the owner got it for wholesale.

2. What precentage of the retail price is the whole sale price in #1?

3. If the sandals cost $58.00 wholesale and $105.00 retail, what is the markup in dollars?

4.The markup in #3 is what percent of the retail?

5.What precent of the wholesale in #3 is the markup?

6. A dozen eggs are purchased from the farmer at $1.05 per dozen. They are then sold to the consumer for $1.45. What percent of the retail is the markup.

7. Why doesn't a grocer have to markup his price as much as the sandal salesman in #3?
Because since they have so much product they dont have to mark it up as much as the sandal salesman.

8. Johnny saw a DVD on sale for 60% off. The original retail price was $15.97. What is the sale price of the DVD?