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

User Simian
by
2.8k points

2 Answers

24 votes
24 votes

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

User Jobbert
by
3.7k points
29 votes
29 votes

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

User Freddie
by
2.6k points