How much can a manager afford to pay for a baseball glove, if he wants a 25% markup on the selling price in order to have a $50 markup?

Question
Analysis
asked 2021-03-05
How much can a manager afford to pay for a baseball glove, if he wants a 25% markup on the selling price in order to have a $50 markup?

Answers (1)

2021-03-06
Let the needed term be x:
x=The selling price multiplied by the markup in decimals/
$50=0.25x
\(\displaystyle{x}=\$\frac{{50}}{{0.25}}\)
x=$200
0

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