Question

A retailer buys TV's fro $175 and marks them up 225%, what is the new cost

Answer 1

Answer:

   $568.75

Step-by-step explanation:

To find the markup, we multiply the original price by the percentage of markup

Markup = 175 * 225%

             =175 * 2.25

              =393.75

The new price is the markup  plus the original price

New price = markup+ original price

                  =393.7+175

                   =568.75