Question

Find the selling price. Round to the nearest cent for each 18-20

18. cost: $10 percent markup: 50%


19. cost: $28 percent markup: 25%


20. cost: $65 percent markup: 70%

Answer 1

18: 15$

19: 35$

20: 110.50$

Explanation:

18: A 50% markup would mean 5 dollars extra which makes it 15$

19: 25% of 28 would be an extra 7 dollars which makes it 35$

20: 70% of 65 would be 45.50 cents, adding this to 65 would make it 110.50$

Future help with percentages: When an item is marked up it would mean the percentage is multiplied by the initial value and then add the product with the initial value.