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?

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wholesale price vs retail

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Dec 18, 2011
as simple as that
by: Amar

47.66 + 12% = 53.38
53.38 + 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 enter

47.66 x 12% + 6.50 = 59.88

cost 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%) = $53.38

Then 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 = $169.75

I 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 $47.66

12% Markup of 47.66 -> (47.66)x(.12)= 5.7192

Round that number up to 5.72

The retail price is 12% of 47.66 (the wholesale price), which is $5.72

47.66+5.72 = $53.38

On 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

Aug 24, 2011
wholesale
by: Anonymous

can someone please help me answer this question? It will be greatly appreciated.

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