Find the selling price.
Cost: $6
percent of markup: 75%
would the answer be $4.50 selling price?
No. The selling price is more than the cost.
how would I find the spelling cost?
selling*
6 * 0.75 = 4.50
$4.50 + $6.00 = _____ selling price
$10.5o
To find the selling price, you will need to calculate the markup first. The markup is calculated by multiplying the cost by the percentage of markup and adding it back to the cost. In this case,
Markup = Cost x (Percentage of Markup / 100)
= $6 x (75 / 100)
= $4.50
Once you have determined the markup, you can find the selling price by adding the markup to the cost:
Selling Price = Cost + Markup
= $6 + $4.50
= $10.50
Therefore, the selling price would be $10.50, not $4.50.