Original Price: $35.67 Markup: 30%
35.67 * 1.30 = 46.37
No good
Original Price: $35.67 Markup: 30%
Well, if you apply a 30% markup to a $35.67 item, you'll end up with a price that's worth so much more! So much, in fact, that you'll need a wheelbarrow just to carry all those extra dollars. Look out for those jealous neighbors when they see you rolling by!
To calculate the final price after a markup, we need to add the markup to the original price. The formula for calculating the final price with a markup is:
Final Price = Original Price + (Markup Percentage * Original Price)
In this case, the original price is $35.67 and the markup is 30%. Let's calculate the final price step by step:
1. Convert the percentage markup to a decimal: Divide the markup percentage by 100. In this case, 30% becomes 0.30.
2. Multiply the original price by the markup decimal: Multiply $35.67 by 0.30.
Markup = $35.67 * 0.30 = $10.70
3. Add the markup to the original price: Add $10.70 to $35.67 to get the final price.
Final Price = $35.67 + $10.70 = $46.37
Therefore, the final price after a 30% markup on an original price of $35.67 is $46.37.