Question

If an item is $10, and the percent markup is 25%, what is the new price of the item? Please explain, I will be awarding medals!

Answer 1

what is 25% of $10 ?

Answer 2

$2.50?

Answer 3

now add that onto the original price

Answer 4

$12.50

Answer 5

correct

Answer 6

that is the final markup price

Shortcut: multiply 1.25 by 10 to get 12.5 and you get the same answer

so either way, the answer is 12.50

Answer 7

Thank you so very very much! :D

Answer 8

you're welcome

Answer 9

Thanks for the extra tidbit. =)

Answer 10

sure thing, it's handy to know