3 years ago

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

Mathematics

2 answers:

Alecsey [184]3 years ago

7 0

Answer

= $100

Explanation

Profit = selling price - buying price

percentage profit = profit/buying price × 100%

100% = profit /$50

Profit = 100% × $50

= 100/100 × $50

= 1 × $50

= $50

Selling price = buying price + profit

= $50 + $50

= $100

Nookie1986 [14]3 years ago

6 0

$100

100% would be doubling it.

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