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3 December, 10:35

How do you solve this: $32 earrings marked up 80 percent

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Answers (2)
  1. 3 December, 12:29
    0
    80 percent what? off? that's what 80% was??
  2. 3 December, 13:47
    0
    Formula for markup

    sales price = original price * (1 + rate)

    So in this case it would be ...

    sp = $32 * (1 +.80)

    $32 * (1.80)

    sp = $57.60

    formula for discount (if you need it)

    sales price = original price * (1 - rate)

    Just remember that the rate is the percentage (to convert to a percentage to a decimal just move the decimal two places to the left)
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