Question

A store pays $90 for a skateboard. The percent of makrup is 100%. What is the selling price of the skateboard

Answer 1

Answer: $180

Explanation:

A store pays $90 and marks it up by 100%. This means that they added 100% of the cost to the cost in order to come up with the selling price.

A hundred percent of a number is the number itself so a 100% of $90 is $90.

Selling price is therefore:

= 90 + 90

= $180