Question

A seller buys an item from a manufacturer for $9,500. He increases the cost by 5 percent. What is the markup value?

Answer 1

Well honesty u wanna just (Multiply)


We can focus on this part for rn "He increases the cost by 5 percent."

We need to make the percentage a decimal

We can do this by (Dividing) (5%) by (100)


\[5\div100=0.05\]


Lets look at this part now "A seller buys an item from a manufacturer for $9,500"


Now all we wanna do is (Multiply) (0.05) by (9,500.)



\[9500\times0.05=475\]


So the mark-up value is (275) dollars.

Answer 2

\(\color{#0cbb34}{\text{Originally Posted by}}\) @Hoodmemes
Well honesty u wanna just (Multiply)
why 275 dollars ? you get result of 475

@XioGonz

We can focus on this part for rn "He increases the cost by 5 percent."

We need to make the percentage a decimal

We can do this by (Dividing) (5%) by (100)


\[5\div100=0.05\]


Lets look at this part now "A seller buys an item from a manufacturer for $9,500"


Now all we wanna do is (Multiply) (0.05) by (9,500.)



\[9500\times0.05=475\]


So the mark-up value is (275) dollars.
\(\color{#0cbb34}{\text{End of Quote}}\)

Answer 3

\(\color{#0cbb34}{\text{Originally Posted by}}\) @jhonyy9
\(\color{#0cbb34}{\text{Originally Posted by}}\) @Hoodmemes
Well honesty u wanna just (Multiply)
why 275 dollars ? you get result of 475

@XioGonz

We can focus on this part for rn "He increases the cost by 5 percent."

We need to make the percentage a decimal

We can do this by (Dividing) (5%) by (100)


\[5\div100=0.05\]


Lets look at this part now "A seller buys an item from a manufacturer for $9,500"


Now all we wanna do is (Multiply) (0.05) by (9,500.)



\[9500\times0.05=475\]


So the mark-up value is (275) dollars.
\(\color{#0cbb34}{\text{End of Quote}}\)
\(\color{#0cbb34}{\text{End of Quote}}\)
Osrry sorry made a typo!


The answer would be (475 dolars)


The mark-up value would be (475 dollars

Answer 4

Yeah I was wondering about that. But yes it is $475

Answer 5

About what?

Answer 6

This

Answer 7

\(\color{#0cbb34}{\text{Originally Posted by}}\) @XioGonz
This
\(\color{#0cbb34}{\text{End of Quote}}\)
Typo

Answer 8

\(\color{#0cbb34}{\text{Originally Posted by}}\) @Hoodmemes
\(\color{#0cbb34}{\text{Originally Posted by}}\) @XioGonz
This
\(\color{#0cbb34}{\text{End of Quote}}\)
Typo
\(\color{#0cbb34}{\text{End of Quote}}\)
I'm aware