Question

A store pays $ 23 for each umbrella. The store marks the price at 50%. What is the quantity of the mark?

Answer 1

11.5 or 34.5 in total..

Answer 2

The quantity of the mark is $11.5.

Explanation:

• The cost of each umbrella = $23

• Markup percentage = 50%

The quantity of the mark can be determined by multiplying the cost of the umbrella by the markup percentage.

Thus,

The quantity of the mark = 23 × 50%

= 23 × 50/100

= 23 × 1/2

= 23 × 0.5

= $11.5

Therefore, the quantity of the mark is $11.5.