Question

Original price is 30$ and the markup is 15%.What is the retail price?

Answer 1

$34.50

Explanation:

First let's start by finding 15% of $30 since 15% is the markup

15%*30

I like converting percentages to fractions because they make the math easier

3/20*30=9/2=$4.50

Now we add this to the original $30

$30+$4.50=$34.50