Question

Nike shoes were originally $40 and is now marked up by 5% what is the price after the markup

42.50
42
43
44

Answer 1

Answer : 42

If the shoes were marked up by 5% then:

5 ÷ 100 × 40 = $2

Add the $2 to the $40 and you'll get:

$40 + 2 = $42