Question

PLEASE HELP. I APPRECIATE IT

Regina bought a handmade quilt at wholesale cost $120 to sell in her quilt store. She marked the price up 65%.
(a)
Find the amount, in dollars, of the mark–up.
$
(b)
Find the list price in dollars.
$

Answer 1

Answer:$66

Explanation:

Answer 2

Marked up $78 and the list price is $198

Explanation:

To find a mark-up, create a proportion of ratios. Since $120 is 100% of the cost then 165% will be the mark up.

`(165)/(100)=(x)/(120)`

Solve by cross multiplying.

165(120) = 100x

19,800 = 100x

198 = x

This is 78 more than 120.