We know that:

The markup is the price added to the cost price of goods...

To find the markup, we must multiply the percent increase by the original price (before markup).

So:

10,000 x 5% (or 0.05) = ?

10,000 (You do not have to follow my way of multiplying, do what is comfortable for u)
x 5 (Ignore the decimals then we move it after we get the answer)
----------
50,000 move the decimal back 2 places so it is 500

The final answer is:

The markup amount is $500...

3 0

3 years ago

Christine has a bag of candy that contains 20 red pieces, 10 green pieces, 15 blue pieces, 25 brown pieces, and 10 orange pieces

andrew-mc [135]

Answer:

1/8

Step-by-step explanation:

20 + 10 + 25 + 15 + 10 = 80

10 / 80 = 1/8

4 0

2 years ago