Find the selling price
Cost: $6
percebr of markup: 50%
percent*
6 * 1.5 = ?
Right.
The marked up price is $9.00.
To find the selling price, we need to apply the markup percentage to the cost. The markup percentage is 50%.
First, we calculate the markup amount by multiplying the cost by the markup percentage:
Markup Amount = Cost * Markup Percentage
= $6 * 50%
= $6 * 0.50
= $3
Next, we add the markup amount to the cost to find the selling price:
Selling Price = Cost + Markup Amount
= $6 + $3
= $9
Therefore, the selling price is $9.