Alicia plans to spend $125,000 (retail value) in May to fill the inventory for the swimsuit department of her retail store. She has already spent...

Alicia plans to spend $125,000 (retail value) in May to fill the inventory for the swimsuit department of her retail store. She has already spent $33,000 at cost. If the planned markup she needs to achieve is 38%, how much in dollars does she have to spend at cost?

Scenario 3

If a three-piece set of rhinestone costume jewelry pieces sells for $22, and it costs the retailer $84 per dozen, how much is the markup percent at retail for each set of jewelry?