Question

Johnny Mac's Sporting Goods bought a baseball glove from Rawlings Sporting Goods for $66.00. They want to markup the glove 70% on selling price. What should Johnny's sell the glove for?

Answer 1

First you need to multiply $66 * .70 = $46.20 (this gives you the 70% markup price)

$66 + $46.20 = $112.20 (the price the glove would sell for)