wholesale price vs retail

by jessy
(fallsh,VA)

The wholesale cost of #30 drug 'E' is \$47.66. Your pharmacy charges a 12% mark-up and a flat \$6.50 dispensing fee. How much will the patient be charged for this prescription?

Comments for wholesale price vs retail

 Dec 18, 2011 as simple as that by: Amar 47.66 + 12% = 53.3853.38 + 6.5 = 59.88 should be the answer

 Nov 11, 2011 I'm Confused! by: Anonymous every time I do this formula I get the answer 63.69 What am I doing wrong?47.66 x.12 = 57.19 + 6.50 = 63.69

 Nov 03, 2011 Math Formula by: anne vergara 47.66 x 0.12-------(your answer)+ 47.66+ 6.50-------

 Oct 28, 2011 Simpliest calculation by: Nann With you calculator you simply enter47.66 x 12% + 6.50 = 59.88cost plus markup plus dispensing fee.

 Oct 28, 2011 Answer by: Anonymous With your calculator you SIMPLY...47.66 x 12% + 6.50 = 59.88

 Oct 10, 2011 Another way to figure markups by: Jenny You can also figure the 12% markup this way:Wholesale cost of \$47.66 x 1.12 (112%) = \$53.38Then add the distribution/professional fee of \$6.50 to get \$59.88.You're trying to find 112% of the wholesale cost. By using 100% of the original cost (the wholesale price) and adding in the 12% markup, you create a multiplier of 1.12 after converting to a decimal. This simplifies the problem and eliminates a math step. Less room for errors!

 Sep 09, 2011 Retail Price by: J 40% markup and 1.75 dispensing fee whosale price for 10 sildenafil is 120.00 whats the retail price \$120.00 x 40%= \$48\$120.00 x \$48= \$168.00 \$168.00 x \$1.75 = \$169.75I hope this helps you.

 Sep 09, 2011 martha by: Anonymous 40% markup and 1.75 dispensing fee whosale price for 10 sildenafil is 120.00 whats the retail price

 Sep 02, 2011 The \$5.72.... by: T \$5.72 is 12% of \$47.6612% Markup of 47.66 -> (47.66)x(.12)= 5.7192 Round that number up to 5.72The retail price is 12% of 47.66 (the wholesale price), which is \$5.7247.66+5.72 = \$53.38On top of that there is a \$6.50 dispensing fee for all orders.53.38+6.50 = \$59.88 (The final Retail Price)

 Aug 31, 2011 wholesale by: Anonymous hi! how do u get the \$5.72? thank u so much!

 Aug 25, 2011 Answer by: Anonymous The wholesale cost of #30 drug 'E' is \$47.66. Your pharmacy charges a 12% mark-up and a flat \$6.50 dispensing fee. How much will the patient be charged for this prescription?\$47.66 x 12% = \$5.72\$47.66 + \$5.72 = \$53.38\$53.38 + \$6.50 = \$59.88