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Given a Selling Price of $153.60 and a Cost of $67.98 find the Markup price.

User Joel Seah
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1 Answer

2 votes

The markup is given as;


\begin{gathered} SP-CP \\ \text{Where SP=selling price, CP= cost price} \end{gathered}

Given that;


\begin{gathered} SP=\text{ \$153.60,} \\ CP=\text{ \$67.98} \end{gathered}

Thus,


\begin{gathered} Markup\text{ price = }153.60-67.98 \\ Markup\text{ price = \$85.62} \\ \\ \end{gathered}

User Valik
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