Question

Apply the markup or markdown to each item and then find the retail sale price of the following items. ​Round to two decimal places. Question:

$2.99 picture frame; 100% markup

Answer 1

5.98 because 100% is 2.99 then add them together

Answer 2

5.98

Explanation:

2.99 * 1= 2.99

2.99+2.99= 5.98

First you had to multiply 2.99 by 1 because 100% in decimal is 1.

You get 2.99 and you add it to the original price.

And that is how you get 5.98