Question

Find the new price after the markup given. Round to the nearest cent if necessary.

$6.25 marked up 25% ( i copied paste the problem)

Answer 1

$7.81

Explanation:

First we're gonna find 25% of $6.25. To do so we change the percent to a decimal (.25) and multiply.

.25*6.25= 1.56 (rounded)

Since we are marking this UP we will add this 25% to the original $6.25.

6.25+1.56= 7.81

The new price is $7.81