Question

MJ Supply distributes bags of dog food to pet stores. Its markup rate is 28%. Which equation represents the nee price of a bag, y, given an original price, p?

Answer 1

MJ Supply distributes bags of dog food to pet stores. Its markup rate is 28%. Which equation represents the nee price of a bag, y, given an original price, p?​

we know that

100%+28%=128%=128/100=1.28

so

the value of y is equal to

y=1.28p