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8 December, 20:59

If a price is 60$ and it gets a 15% markup, what would the final price be?

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  1. 8 December, 21:06
    0
    Well, set up a proportion first.

    x/60 = 15/100

    solve the proportion to get the amount of money it was marked up: $9.

    Add 9 to 60,

    The final price would be $69.
  2. 8 December, 21:09
    0
    Simple,

    to find the rate of selling price price based on cost ... - rate of cost+rate of the markup ...

    In work ...

    S%=C%+M%

    The cost is $60 and C is 100%, also you know M%=15%

    S%=100%+15%=115%

    Rate of the selling price=115%

    Step 2: Find the selling price

    S=S%*CS=115%*$60S=1.15*60=$69

    The selling price at a 15% markup is $69.

    Thus, your answer.
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