Question

Best Buy sells a flat-screen high-definition TV for $700. Best Buy marks up the TV 45% on cost. What is the cost and dollar markup of the TV?

Answer 1

ok convert 45% to a decimal

Answer 2

ok

Answer 3

ik it's 0.45

Answer 4

multiply 0.45 x 700

Answer 5

315

Answer 6

yep add that to 700 and you done

Answer 7

it says the answer is supposed to be $482.76 and $217.24

Answer 8

ahh i see 700 was the final price

Answer 9

ok then just do 700/1.45

Answer 10

that gets you the original price

Answer 11

for the mark up,
700 - 700/1.45

Answer 12

oooh thank you!