Question

If an item is $99.50 how much will it be with a markup of 95%

Answer 1

You can round up to 4.97

Answer 2

the item us going to cost 4.975
just convert the percent to decimal by moving the decimal point two spaces to the left and multiply it times the price and it will give you the discount the subtract the discount from original price and the result will be the new price.
99.50x.95=94.525
99.50- 94.55=4.975
you can round it up to 4.97