Calculate the missing information. Round dollars to the nearest cent and percents to the nearest tenth of a percent. Item: bicycle Selling price : $155.50 Percent markup based on selling price : 60% What is the cost ( in $ ) ? And what is the amount of markup ( in $)
Calculate the missing information. Round dollars to the nearest cent and percents to the nearest tenth of a percent. Item: bicycle Selling price : $155.50 Percent markup based on selling price : 60% What is the cost ( in $ ) ? And what is the amount of markup ( in $)
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section7.4: The Percent Equation
Problem 2E
Related questions
Question
Calculate the missing information. Round dollars to the nearest cent and percents to the nearest tenth of a percent.
Item: bicycle
Selling price : $155.50
Percent markup based on selling price : 60%
What is the cost ( in $ ) ? And what is the amount of markup ( in $)
Expert Solution
Step 1
Given query is to find the cost of the bicycle and the markup amount.
Selling price is $155.50 with 60% markup.
Step by step
Solved in 2 steps with 1 images
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