document.write( "Question 340376: The markup on a television set is 20 percent of the cost. The markup is what percent of the selling price?\r
\n" ); document.write( "\n" ); document.write( "(markup = selling price - cost)\r
\n" ); document.write( "\n" ); document.write( "(A) 8%
\n" ); document.write( "(B) 10%
\n" ); document.write( "(C) 12.5%
\n" ); document.write( "(D) 15%
\n" ); document.write( "(E) 16.66%\r
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\n" ); document.write( "\n" ); document.write( "Could you please kindly provide me the solution of the above problem.\r
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\n" ); document.write( "\n" ); document.write( "Thanks
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Algebra.Com's Answer #243880 by stanbon(75887)\"\" \"About 
You can put this solution on YOUR website!
The markup on a television set is 20 percent of the cost. The markup is what percent of the selling price?
\n" ); document.write( "(markup = selling price - cost)
\n" ); document.write( "---
\n" ); document.write( "Let cost = \"x\" dollars.
\n" ); document.write( "Then markup is \"x+0.20x\" = 1.2x
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\n" ); document.write( "To find percent the markup is to the selling price
\n" ); document.write( "0.20x/1.2x = 0.20/1.2 = 0.1667 = 16.67%
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\n" ); document.write( "Cheers,
\n" ); document.write( "Stan H.
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\n" ); document.write( "(A) 8%
\n" ); document.write( "(B) 10%
\n" ); document.write( "(C) 12.5%
\n" ); document.write( "(D) 15%
\n" ); document.write( "(E) 16.66%
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