Wilson Gomez manages the large screen television sales for a high-volume, discount appliance dealer. Large screen televisions are normally marked up only 40% based on selling price. Compute the dollar markup and the dealer's cost on a large screen television set that sells for $2,190.

Large Screen Televisions

Televisions with a diagonally measured screen size typically larger than 55 inches.

Dollar Markup

The difference between the cost of a product and its selling price, expressed in dollar terms.

Dealer's Cost

The actual cost to a dealer for the products they sell, often excluding additional expenses like marketing or transport.