Question

A bookstore buys Algebra 1 books at a wholesale price of $17 each. It then marks up the price by 55%, and sells the Algebra 1 books. What is the amount of the markup? What is the selling price?

Answer 1

The new cost is $26.35 it went up $9.35

Explanation:

Answer 2

$9.35 markup

$26.35 selling price

Explanation:

$17 (original) x.55 (markup) = $9.35 markup

$17 + $9.35 = $26.35 selling price