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A store pays $81 for a hockey stick and marks the price up by 5%. What is the amount of the mark-up?
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4 votes
A store pays $81 for a hockey stick and marks the price up by 5%. What is the amount of the mark-up?

User Who
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1 Answer

4 votes
.05 is equal to 5%
So for every dollar the mark up is .05cents
So if you times $81 by .05 this will give you the mark up because each of the 81$ needs .05 added to it.

So $4.05 Is the mark up

And

The cost would be markup and original added together
User Lee Taylor
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