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A seller buys an item from a manufacturer for $9,500 he increases the cost by 5 percent what is the markup value? markup = original cost x percentage markup a. $475 b. $595 c. $9…

A seller buys an item from a manufacturer for $9,500 he increases the cost by 5 percent what is the markup value? markup = original cost x percentage markup a. $475 b. $595 c. $9…
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A seller buys an item from a manufacturer for $9,500 he increases the cost by 5 percent what is the markup value?

markup = original cost x percentage markup
a. $475
b. $595
c. $950

User Fernando Del Olmo
by
8.0k points

1 Answer

3 votes
a, you would do 9,500 times 0.05 which equals 475:)
User Shaddow
by
8.2k points
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