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A retailer buys TV's fro $175 and marks them up 225%, what is the new cost

User Allen Zhu
by
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1 Answer

6 votes

Answer:

$568.75

Explanation:

To find the markup, we multiply the original price by the percentage of markup

Markup = 175 * 225%

=175 * 2.25

=393.75

The new price is the markup plus the original price

New price = markup+ original price

=393.7+175

=568.75

User WISHY
by
5.5k points