Find the selling price of a $20 item after a 20% markup.
1 answer:
Answer:
$24
Step-by-step explanation:
For a markup, use the formula <em>a = ( 1 + p ) × w. </em>
!!! Remember, <em>a </em>is the selling price, and <em>w </em>is the original price !!!
!!! The <em>p </em>is the percent in decimal form. 20% as a decimal is 0.20 (move the decimal twice to the left) !!!
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Inserting the values, it should look like <em>a = ( 1 + 0.20 ) × 20 </em>
<em>a = 1.20 × 20 </em>
<em>a = 24</em>
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Hence, the new selling price is $24.
Hope this helps! :)
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Answer:
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Step-by-step explanation:
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Answer:
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