Question

Find the selling price of each item, cost of a sled: 99.50 markup: 95%

Answer 1

so. the sled costs 99.50, 95% markup, meaning, the sale price is 99.50 plus 95% of 99.50

so if we take 99.50 to be the 100%, the sale price will be 195%, how much is that?

well
`\bf \begin{array}{ccllll} amount&\%\\ \textendash\textendash\textendash\textendash\textendash\textendash&\textendash\textendash\textendash\textendash\textendash\textendash\\ 99.50&100\\ x&195 \end{array}\implies \cfrac{99.50}{x}=\cfrac{100}{195}`

solve for "x"