Question

Cost of a sled = $99.50, markup = 95%

Answer 1

Below

Explanation:

So the sales price of the sled is 100% + 95 % = 195 % of the cost

= 1.95 * cost = 1.95 * 99.50 = 194.03 dollars

Answer 2

take wholesale cost and multiply it by 95%, then add to the original value

another way, just multiply by 1.95

Retail cost: 1.95*($99.50) = $194.03

Explanation: