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A store pay $120 for a bicycle. The store has a 60% markup policy. What is the selling price of the bicycle?

A store pay $120 for a bicycle. The store has a 60% markup policy. What is the selling price of the bicycle?
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5 votes
A store pay $120 for a bicycle. The store has a 60% markup policy. What is the selling price of the bicycle?

User Marcus Mathioudakis
by
8.2k points

2 Answers

2 votes

Answer:

$192

Explanation:

User Dylhunn
by
7.2k points
3 votes
The selling price will be $192

$120 x 60% = $72 markup

$120 + $72 = $192
User Cfr
by
8.3k points
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