Question

REI pays $330.30 for a 6-person tent and the markup is 35% of cost. Find the markup.

Answer 1

First convert 35% into decimal

35% → 0.35

To find 35% of $330.30, multiply it to its decimal

$330.30 ˣ 0.35 = $115.605

Rounding off to the nearest cent.

The markup of the tent is $115.61