Answer:
The mark up is $16.8
The adult price is $44.8
Explanation:
* Lets explain how to solve the problem
- The mark up is the the amount of increasing in percentage
- If the original amount is known and the percentage markup is
known, then the final amount is the original amount plus the
amount of markup
* Lets solve the problem
- A junior one day admission to an amusement park is $28
- This price is increased by 60% for adults
- They ask for the markup and the adult price
∵ The mark up is the amount of increasing
∵ The junior admission is $28
∵ The adult admission is 60% more the junior admission
∴ The mark up is 60% of the junior admission
∵ 60% = 60/100 = 0.6
∴ The mark up = 0.6 × 28 = 16.8
∴ The mark up is $16.8
∵ The adult price = junior price + mark up amount
∵ The junior price = $28
∵ The mark up = $16.8
∴ The adult price = 28 + 16.8 = 44.8
∴ The adult price is $44.8