Question

PLEASE HELP. I APPRECIATE IT

Regina bought a handmade quilt at wholesale cost $120 to sell in her quilt store. She marked the price up 65%.
(a)
Find the amount, in dollars, of the mark–up.
$
(b)
Find the list price in dollars.
$

Answer 1

Answer:

Marked up $78 and the list price is $198

Step-by-step explanation:

To find a mark-up, create a proportion of ratios. Since $120 is 100% of the cost then 165% will be the mark up.

$\frac{165}{100}=\frac{x}{120}$

Solve by cross multiplying.

165(120) = 100x

19,800 = 100x

198 = x

This is 78 more than 120.

Answer 2

Answer:$66

Step-by-step explanation: