3 years ago

A store buys an item for $50 and marks it up 100%. What is the price?

Mathematics

2 answers:

Alexxandr [17]3 years ago

7 0

50 + (100% of 50) =
50 + 1(50) =
50 + 50 =
100 <===

pantera1 [17]3 years ago

3 0

Answer:

Therefore, store has marked the selling price as $100.

Step-by-step explanation:

A store buys an item for $50 and marks it up 100% up means store has marked the selling price of that item twice of its cost price.

Selling price = Cost price + Profit

= Cost price + 100% of cost price

= 2 × cost price

= 2 ×50 = $100

Therefore, store has marked the selling price as $100.

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