Question

What should max charge for a package of paper plates in his store if he bought them for 9.00 and wants to make a 75% markup

Plz help

Answer 1

x. 175.
________
9.00. 100

100x = 1575
÷100. ÷100

x = 15.75 is the max price

Answer 2

He should charge 15.75

Explanation:

Markup = original price * markup rate

Markup = 9*75%

= 6.75

The new price is the original price plus the markup

New price = original price + markup

New price = 9+6.75

= 15.75

He should charge 15.75