cost of store: 140 markup: 25% what is selling price

cost of store: 140 markup: 25% what is selling price

Question
Factors and multiples
asked 2021-01-22
cost of store: 140 markup: 25% what is selling price

Answers (1)

2021-01-23
The selling price is equal to the store's cost plus the amount of the markup.
The amount of the markup is found by multiplying the store's cost and the markup percent. If the store's cost is $140 and the markup percent is 25%, then the amount of the markup is \(\displaystyle{25}\%{o}{f}\${140}={0.25}{\left(\${140}\right)}=\${350.25}{\left(\${140}\right)}=\${35}.\)
The selling price is then: store's cost + amount of markup = \(\displaystyle\${140}+\${35}=\${175}\)
$175
0

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