How do you find the selling price of a $270 bicycle with a 24% markup?

1 Answer
Nov 16, 2016

Answer:

#$334.80#

Explanation:

The easy way to do markup problems is just to multiply:

#$270 xx 1.24#

since you're adding #24%" of "270 = (0.24*270=64.8)#

and #270 (100% "of " 270)#

#24/100 + 100/100 = 124/100 = 1.24#

You can just simplify it to one step:

#rarr" "1.24xx270=334.80#