Question

Finding the price of a $270 bike with s 24% markup

Answer 1

100% divided by 100 = 1%

We are assuming that 270 is 100%, so 270/100 is 1% of 270.

270/100= 2.70

1% times 24 is 24% of 100%

So, because 2.7 is 1% of 270, we multiply 2.7 by 24

2.7(24) = 64.8

So, 64.8 is 24% of 270

After all that, we add the two values up to get the total

270 (total) + 64.8 (24% of 270) = 334.8