Question

Jennifer bought a bracelet at original cost $25 to sell in her handicraft store. She marked the price up 45%.

a) Find the amount of the mark-up price.
S
b) Find the list price.
S
(Round to two decimal places if necessary.)
(Round to two decimal places if necessary.)

Answer 1

Mark up $11.25

Selling price $36.25

Explanation:

25(.45) = 11.25 This is the mark up, The selling price is then 25 + 11.25, which is $36.25