sediryanorwoodlemons sediryanorwoodlemons

05-04-2022
Mathematics

contestada

What is 60% markup on $18.25?
Compute the total cost of an item you purchased for $18.25, but you now want to resell it for 60% more than what you've paid for it. What is the new cost?

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Mala388 Mala388

05-04-2022

Answer:29.2

Step-by-step explanation:The equation used to add a markup percent to a product is the cost plus the markup percentage multiplied by the cost.

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semsee45 semsee45

05-04-2022

Answer:

$29.20

Step-by-step explanation:

The original price of an item is 100%, so a 60% mark up means that the price will now be 160% of the original price.

160% = 160/100 = 1.6

⇒ 160% of $18.25 = 1.6 × 18.25 = $29.20

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