Question

The selling price of an item is480 ​$. It is marked down by ​10%, but this sale price is still marked up from the cost of ​$360. Find the markup from cost to sale price

Answer 1

Answer: $72

Explanation:

Oddly worded question but if I understand it correctly we need to find the marked down price and subtract $360 from it.

It is 10% off so an easy way to do the math is to find what 90% of $480 dollars is.

.90 * 480 = $432

Then we subtract $360 from this sale price.

$432 - $360 = $72