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Mathematics 14 Online
OpenStudy (anonymous):

cost of sled:99.50 markup:95% what is the selling price? step by step please.

OpenStudy (anonymous):

please help

OpenStudy (anonymous):

please help!

OpenStudy (mathstudent55):

The markup is the amount you add to the cost of an item to find the selling price. Markup is usually described as a percentage of the cost of the item. In this case, the item costs the store $99.50 The store marks up the price by 95%. That means the store adds 95% of the cost of the item to the cost of the item to determine its selling price. First, find 95% of $99.50. That gives you the markup. Then add the markup to $99.50.

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