Question

The original price is $78 and the markup percent is 22%?
What is the markup? (Round to the nearest penny if needed)
What is the new price (round to the nearest penny if needed)

Answer 1

Answer:

Mark up percent is 17.2 and the new price is 60.8

Step-by-step explanation:

22% = 100/22 = 0.22

so 0.22 of 78 is 0.22 x 78

and you get 17.16

round it and you get 17.2 for the mark up

To find the new price simply subtract the original price to the markup

78-17.16=60.84