madisonke26 madisonke26

02-05-2017
Mathematics

contestada

Cost to store: $15
Markup: 18%
selling (retail) price: ?
Explain.

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TenzinTsesang TenzinTsesang

02-05-2017

the formula is %× cost price ÷ 100
to find what is the 18% of the cost price
so substitute
18·15÷100
270/100
2.7= 18% of cost price
then subtract it from the cost price
15-2.7= $12.3
there is your answer

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