by John
(Durham,NC, USA)

Your wholesale cost for a drug is \$360.00 for 500 tablets?. Your pharmacy charges a 32% mark-up and a dispensing fee of \$5.25 per order. What is the full price for an order of 90 tablets?

 Try This... by: Wyatt, Hilo, HI 1.)Determine the cost per tablet.\$360.00 divided by 500 = 0.72 cents2.) Factor in the 32% markup.0.72 x 1.32 = 0.9504 cents3.)Calculate the quantity price.0.9504 x 90 = \$85.54 (be sure to round off)4.) Add in the dispensing fee.\$85.54 + \$5.25 = \$90.79

 markup rate by: Anonymous If the marup rate is 32% why do you multiply by 1.36?

 Where do you get 1.32 by: Anonymous How do you get 1.32?

 About the 1.32 by: Jerry The 1.32 is not \$1.32.1.32 is used to simply add in the 32% Mark-upBy putting in the 1 before the .32, it does the addition automatically for you.This is a shortcut that you'll want to learn.Example: What's 32% of a 5 Dollars?\$5 X 0.32 = \$1.60Now, whats 5 dollars plus a 32% mark-up?\$5 X 1.32 = \$6.60See, it adds it in there automatically ;)

 hy by: KABINDRA try this one::WHOLESALE COST FOR 500 TABS = \$360.00" " " 90 TABS =\$64.8 (i.e.360/500*90)Now, putting 32% markup yields (64.8*.32+64.8)=\$85.536finally,adding dispensing price to final price after markup\$85.536+\$5.25 = \$90.79

 try this by: Anonymous 360/500= 0.720.72*90= 64.864.8+32%= 85.5485.54+5.25= 90.79

 Try this by: Kiley, OH. Try this, 1) \$360.00 / 500 tablets = 0.72 cents a tablet2) 0.72 x 90 tablets = \$64.803) 64.80 x .32 = \$20.74 for the mark up4) add \$64.80 + \$20.74 = \$85.545) Then add your 5.25 \$85.54 + \$5.25 = \$90.79 <-- this is your answer.

 simple by: Johnson Meloottu CPhT Wholesale cost of the drug is 360/500= 72 centsTotal cost for 90 tablets= 90(.72)= \$64.80mark up 32% of 64.80 =\$ 20.74Dispensing fee is \$5.25Total cost = 64.80+20.74+5.25= \$ 90.79

 Nice! by: Anonymous Good technique!

 Business math by: Lance I like kiley technique more understanding

 MARK UP PROBLEMS by: Anonymous ANONYMOUS THANK GOD FOR YOU, I EASILY CAUGHT ON, PLEASE CONTINUE TO SHARE YOUR KNOWLEDGE. THANK YOU

 test question by: Anonymous Were is the 1 come from in 32% in business math.Why can't be 0.32 ?

 mark up by: Anonymous dispensing fee why is it added? instead maybe substracted

 not my best subject by: math headache Thank you Kiley, oh..most helpful

 Math Problems by: Kiley, OH If anyone needs any help with pharmacy math let me know. I'm glad I could help with this technique!

 Math problem by: Anonymous Is very helpful Kiley comment! But I have questions Purchase drug for \$150.00 for \$100.00 tablets. Wants 40% mark up on prescription for 20 tablets. What would be the cost for the prescription in the rate?