Answer:
$6.25 marked up 25% is $7.81
Explanation:
First, you have to find what 25% is of 6.25.
Step 1: Our output value is 25.
Step 2: We represent the unknown value with x.
Step 3: From step 1 above, 25=100%.
Step 4: Similarly, x=6.25%.
Step 5: This results in a pair of simple equations:
25=100%(1)
x=6.25%(2)
Step 6: By dividing equation 1 by equation 2 and noting that both the RHS (right hand side) of both
equations have the same unit (%); we have
25 = 100
x 6.25
Step 7: Again, the reciprocal of both sides gives
x = 6.25
25 100
x= 1.5625
x≈ 1.56
Once you've known what 25% is, you add it to 6.25.
1.56+6.25= 7.81