Question

The Bike Store pays $120 for a bicycle. The store has a 60% markup policy. What is the selling price of the bicycle?

Answer 1

120/ 10= $12 or 10% of the $120. Then you you multiply that my 6 which is 60% of the $120 so that is 12*6=72. Then you add that to 120, 120+72= $192 final price of bike after mark up.

Answer 2

You would first do $120 (0.6) = $72
$72 + $120 = $192

Hope this helped! Good luck!!! :)