Question

Company buys a toy for $1.50 and marks it up 70%. Find the markup.

Answer 1

1.5 * 1.7 = 2.55

or u can do it this way...
1.50 + 0.70(1.50) = 1.50 + 1.05 = 2.55

Answer 2

To find the mark up, first turn the percentage into a number.

That would be .7.

Multiply .7 by 1.5.

That equals 1.05.

Add that too 1.50.

That is equal to 2.55.

That is your answer.

Have a nice day!!