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

User Matt Delves
by
2.6k points

1 Answer

19 votes
19 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 Nikhil Verma
by
2.9k points