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A store buys a bike for $140. They mark up the bike 25%. What is the selling price?
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25 votes
A store buys a bike for $140. They mark up the bike 25%. What is the selling price?

User Gnac
by
5.3k points

1 Answer

10 votes

Answer:

$175

Explanation:

Original Price = $140

Mark up (% increase) = 25%

Selling Price = Original Price (1 + Mark up)

  • SP = 140 (1 + 25%)
  • SP = 140 (1 + 0.25)
  • SP = 140 (1.25)
  • SP = $175
User Greg Slepak
by
5.6k points
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