A hat is $18 with a 15% markup. What is the cost of the markup?

Question

asked Nov 5, 2023 91.2k views

2 Answers

Orel Biton · Answer 1 · 2023-11-06T12:02:04+0000

Answer:

2.70

Explanation:

First it asking for the Markup not the final price or selling price.

To find the cost of the Markup You have to multiply

Also have to change 15% into a decimal = .15

18 x .15=2.70

Therefore the cost of the markup is 2.70

Moch Yusup · Answer 2 · 2023-11-10T08:20:10+0000

Answer : $2.70

Step - by - step explanation :

What is 15% of 18 ? 2.70 <-- How much the mark up costs

Because it's a markup you add on to it . . .

18.00 + 2.70 = 20.70 <-- Price for the hat