Question

I craft store retailer uses a markup rate of 65%. A scrapbook kit cost three retailer $20 I did. What is the selling price of the scrapbook kit?

Answer 1

65% = 0.65

0.65 * 20 = $13

$20 + $13 = $33

answer: selling price of the scrapbook kit is $33

Answer 2

Find out the selling price of the scrapbook kit .

To prove

As given

I craft store retailer uses a markup rate of 65%.

A scrapbook kit cost $20 .

Than 65% is written in the decimal form.

`= (65)/(100)`

= 0.65

Mark up price = 0.65 × 20

= $ 13

Selling price of Scrapbook kit = Cost of Scrapbook kit + Mark up price.

= 13 + 20

= $33

Therefore the the selling price of the scrapbook kit $33.