ashley1442 ashley1442
  • 01-05-2016
  • Mathematics
contestada

if a price is 60$ and it gets a 15% markup,what would the final price be?

Respuesta :

LacyMarie
LacyMarie LacyMarie
  • 01-05-2016
Well, set up a proportion first.
x/60 = 15/100
solve the proportion to get the amount of money it was marked up: $9.
Add 9 to 60,
The final price would be $69.
Answer Link
Аноним Аноним
  • 01-05-2016
Simple,

to find the rate of selling price price based on cost....-rate of cost+rate of the markup..

In work..

S%=C%+M%

The cost is $60 and C is 100%, also you know M%=15%

S%=100%+15%=115%

Rate of the selling price=115%

Step 2: Find the selling price

S=S%*CS=115%*$60S=1.15*60=$69

The selling price at a 15% markup is $69.

Thus, your answer.
Answer Link

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