"Find each percent of markup?"
5.)Store's cos:$26 selling price:$39
6.)Store's cost:$125 selling price:$168.75
7.)Store's cost:$75 selling price:$90
"Find each selling price round to the nearest cent?"
8.)"A Video game costs a store $20. If the store sells the game for $33, what is the percent of markup?"
9.)"Store's cost:$118.12 percent of markup: 60%
10.)Store's cost: $22.05 percent of markup: 95%
11.)A soccer ball costs a store $29.50. What is the selling price of the ball after a 35% markup? Round to the nearest cent.
I'm obviously asking how to do this, can you help me how to do this please?, I don't know how to solve this
5)
(39 - 26) / 26 =
13/26 = 0.5 = 50%
True dat.
To find the percent of markup in each scenario, we can use the formula:
Percent of Markup = (Selling Price - Cost) / Cost * 100
To find the selling price when given the markup percent, we can use the formula:
Selling Price = Cost + (Cost * Markup Percent)
Let's calculate each scenario step by step:
5.) Store's cost: $26, selling price: $39
Percent of Markup = ($39 - $26) / $26 * 100
Percent of Markup = $13 / $26 * 100
Percent of Markup = 0.5 * 100
Percent of Markup = 50%
6.) Store's cost: $125, selling price: $168.75
Percent of Markup = ($168.75 - $125) / $125 * 100
Percent of Markup = $43.75 / $125 * 100
Percent of Markup = 0.35 * 100
Percent of Markup = 35%
7.) Store's cost: $75, selling price: $90
Percent of Markup = ($90 - $75) / $75 * 100
Percent of Markup = $15 / $75 * 100
Percent of Markup = 0.2 * 100
Percent of Markup = 20%
8.) A video game costs a store $20, and it is sold for $33.
Percent of Markup = ($33 - $20) / $20 * 100
Percent of Markup = $13 / $20 * 100
Percent of Markup = 0.65 * 100
Percent of Markup = 65%
9.) Store's cost: $118.12, percent of markup: 60%
Selling Price = $118.12 + ($118.12 * 0.6)
Selling Price = $118.12 + $70.87
Selling Price = $188.99
10.) Store's cost: $22.05, percent of markup: 95%
Selling Price = $22.05 + ($22.05 * 0.95)
Selling Price = $22.05 + $20.95
Selling Price = $43
11.) A soccer ball costs a store $29.50, and it has a 35% markup.
Percent of Markup = 35%
Selling Price = $29.50 + ($29.50 * 0.35)
Selling Price = $29.50 + $10.33
Selling Price = $39.83 (rounded to the nearest cent)
Remember, to find the selling price after a certain markup or the percent of markup, we use the formulas mentioned above.
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