The price of an item costs $13 to make. It is marked up $6.50 to sell. What is the percent marked-up
1 answer:
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Answer:
<em>Number of erasers bought = 122</em>
<em>Number of markers bought = 700</em>
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Step-by-step explanation:
Given that:
Two items to be bought:
1. Eraser for the dry board
2. Maker
Total items bought = 822
Total money spent = $953
Cost of each eraser = $1.50
Cost of each marker = $1.10
Let the number of erasers bought =
Let the number of markers bought =
As per question statement:
Multiplying equation (1) with 11 and subtracting from equation (2):
By equation (1):
Therefore, the answer is:
Number of erasers bought = 122
Number of markers bought = 700