3 years ago

A toy store’s percent of markup is 30%. A model train costs the store $50. Find the markup.$166.67$35$65$15

Mathematics

2 answers:

valentina_108 [34]3 years ago

7 0

Alright, lets get started.

The cost of model train = $ 50 (given in question)

markup percentage is given = 30 %

Markup price is asked.

The formula for markup price = cost + cost * markup percent

Hence , the markup price = 50 + 50 * 30%

The markup price = 50 + 50 * 0.3

The markup price = 50 + 15

The markup price = 65 $ : Answer

Hope it will help :)

Morgarella [4.7K]3 years ago

5 0

Answer:

$15

Step-by-step explanation:

30%= .3

50 * .3 = 15

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