Question

Question 2: John owns a company that sells office equipment. He received a

large order from a company for some computers. He knows his cost for these
computers will be $7500. If he wants to earn a 20% profit on this order (ie add
a 20% markup), what would be the price he needs to charge?
2a: What will his markup amount be (in dollars)?
2b: What is the total amount he will charge the company for the whole order?

Answer 1

2a) $1,500 markup

2b) $9000

Explanation:

20% of 7500 is 1500

7500 + 1500 = 9000

Hope this helps!