Compute the requested value. Choose the correct answer.
If the cost is $138.25 and the desired markup is 12.5%, then what is the price after markup?
It is $ .
155.53
153.39
151.77
Still Need Help?
Join the QuestionCove community and study together with friends!
Sign Up
OpenStudy (anonymous):
@iGreen
OpenStudy (anonymous):
@RainbowBubbles01
OpenStudy (anonymous):
@sikinder
OpenStudy (anonymous):
idk i just uaed a caculater and i didnt see how to do it
OpenStudy (anonymous):
used*
Still Need Help?
Join the QuestionCove community and study together with friends!
Sign Up
OpenStudy (anonymous):
155.53$
OpenStudy (anonymous):
how did you get that?
OpenStudy (anonymous):
If the cost is $58.00 and the selling price is $63.00, then what is the percent of increase?
It is %.
9.41
7.35
8.62
OpenStudy (wmj259):
Your base price is $138.25.
You basically want to increase the price by 12.5% (which is .125)
So you multiply your base price * markup (decimal not percent) = "How much increased by"
So now, you add the "How much increased by" to your "base price" to get you final answer.
\[138.25*.125=17.28125\]
\[138.25+17.28125=$155.53125\]
Just round to get $155.53
OpenStudy (wmj259):
You use the same process as in your first question.
Still Need Help?
Join the QuestionCove community and study together with friends!