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1 answer:
Answer:
The amount of markup is 88 dollars.
Step-by-step explanation:
Given that the whole sale price of bicycle is: $400
Mark up is the profit that the seller of the product makes after selling the product more in price more than its cost or buying price.
Given that mark up percentage is 22%
It can be written mathematically as:
Hence,
The amount of markup is 88 dollars.
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Answer: It costs $5.52 to Sam to buy 12 stamps.
Step-by-step explanation:
Given: Sam paid $8.28 for 18 stamps.
Thus, the cost of 18 stamps = $8.28
Then the cost of 1 stamp=
Thus, the cost of 1 stamp=$0.46
With the same rate , the cost of 12 stamps=
Therefore, the cost of 12 stamps= $5.52
hence, it costs $5.52 to Sam to buy 12 stamps.