Question

Assume markup is based on selling price. Solve for the selling price

25% markup on selling price
Actual cost $650
Selling price?

Answer 1

The selling price is 26$

Answer 2

162.5

Explanation:

First u move the decimal of 25% to the left two times giving you 0.25. Then you multiply 650x0.25 equaling 162.5 as your answer.