Question

Easiest way to calculate 22% mark up from a cost of say 39.99

Answer 1

The markup amount on the cost 39.99 $ will be: 8.78 $

Explanation:

Given

• The cost = 39.99 (Let say in $)

• Mark up = 22%

As

22% = 0.22

The markup of 22% on the cost can be calculated by multiplying the cost by 22% or 0.22

so

Markup amount = 0.22 × 39.99

= 8.78 $

Therefore, the markup amount on the cost 39.99 $ will be: 8.78 $