Question

Wholesale price of $387. Gail marked up the price of the watch 45%. What was the amount of markup?

Answer 1

To find the markup value we just multiplicate the price by the percentage. This will be the markup:

`\text{Markup}=\text{ 387}*0.45=174.15\text{ dollars}`

Answer: The amount of the markup is $174.15 dollars.