Question

An electronics store purchases laptops for $425.00. They use a markup rate of 60%. How much do they sell the laptop to their customers?

Answer 1

Given that An electronics store purchases laptops for $425.00.

markup rate of 60%.

Selling price is:

`\begin{gathered} SP=425+(0.60)425 \\ Sp=425+255 \\ SP=680 \end{gathered}`

they sell the laptop to their customers at $680.