Question

If the markup is 110% and the selling price is $105 what is the cost to store

Answer 1

50$

Explanation:

price = original price + mark up

price = X + 105%X = 100%X + 105%X = 210%x

105 / X = 210 / 100

X = 105 * 100 / 210 = 50

Answer 2

$220.50

Explanation:

$105 plus 110%