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22 votes
22 votes
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?

User Brian Dilley
by
2.8k points

2 Answers

16 votes
16 votes

Answer:

The new cost is $26.35 it went up $9.35

Explanation:

User AAsk
by
3.0k points
19 votes
19 votes

Answer:

$9.35 markup

$26.35 selling price

Explanation:

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

$17 + $9.35 = $26.35 selling price

User Dshefman
by
2.6k points