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3 years ago

Find the selling price of a $20 item after a 20% markup.

Mathematics

1 answer:

nevsk [136]3 years ago

4 0

Answer:

$24

Step-by-step explanation:

For a markup, use the formula a = ( 1 + p ) × w.

!!! Remember, a is the selling price, and w is the original price !!!

!!! The p is the percent in decimal form. 20% as a decimal is 0.20 (move the decimal twice to the left) !!!

Inserting the values, it should look like a = ( 1 + 0.20 ) × 20

a = 1.20 × 20

a = 24

Hence, the new selling price is $24.

Hope this helps! :)

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