Question

An office equipment store buys highlighter pens boxes at a wholesale price of $15 each. It then marks up the price by 94%, and sells the highlighter pens boxes. What is the amount of the markup? What is the selling price?

Answer 1

Answer: 29.1

Step-by-step explanation: You would multiply 15$ by .94 which is the same as 94% and get 14.1. You would then add the 14.1 to the 15$ and get 29.1$.

Answer 2

Answer:

Amount of markup: $14.10

Selling price: $29.10

Step-by-step explanation:

To solve this equation, we have to multiple the decimal form of the percentage by the original price.

We can multiply 15 by the decimal form of 94%, .94 to find 94% of 15.

15*.94=14.1

The amount of the markup is 14.10

Now we just need to add the markup (14.1) to the original price (15).

15+14.1=29.1

The new selling price is 29.10

Hope this helps!o