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Find the selling price.

A store pays $3 for a magazine. The markup is 5%.
What’s The selling price?

2 Answers

5 votes

Answer:

$3.15

Explanation:

selling price or sales price:

original price x ( 100% + markup)

= 3 x ( 100% + 5% )

= 3 x ( 105% )

= 3.15

User Sam Hokin
by
6.9k points
4 votes

selling price = 3 + 3(0.05)

selling price = 3 + 0.15

selling price = $3.15

Hope this helps!! :)

User KevinIsNowOnline
by
8.6k points

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