Question

Find the selling price.

Cost to store: $75

Markup: 20%

Answer 1

Given:
Cost to store: $75
Mark up: 20%

$75 * 20% = $15
$75 + $15 = $90

The selling price is $90.

Answer 2

Cost Price = $75.

Marked up by 20%.

Selling Price = (100% + 20% ) of Cost Price.

= 120% of 75

= 1.2 * 75

= 90

Selling price = $90