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3 years ago

Which statement defines the term markup?

Mathematics

2 answers:

Alekssandra [29.7K]3 years ago

4 0

A. The extra amount added to the selling price to arrive at the cost price

BigorU [14]3 years ago

3 0

Answer: The extra amount added to the selling price to arrive at the cost price.

Step-by-step explanation:

The mark up amount is the extra amount added by a seller to the cost price of a commodity to cover expenses and profit in fixing the selling price.

It is the difference between the cost price and the selling price.

It is calculated as a percentage of either the selling price or the cost price.

Hence, the right option is " the extra amount added to the selling price to arrive at the cost price".

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2 years ago

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2 years ago

Aisha bought 15 apples and oranges for $9. 0. Each orange costs $0. 50, and each apple costs $0. 65. Let x represent the number

zhannawk [14.2K]

Answer:

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Step-by-step explanation:

x = number of oranges

y = number of apples

total of apples and oranges is 15 so x + y = 15

total cost of apples and oranges is $9 so 0.5x + 0.65y = 9

Calculation

y = 15 - x

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