Question 38376: A coconut costs the merchant .15 and is marked up 75%. Find the selling price.
Answer by fractalier(6550)   (Show Source):
You can put this solution on YOUR website! If it is marked up 75%, it is marked up 75% of the original cost, thus the final selling price is the cost plus the markup...
Selling price = Cost + markup
Selling price = .15 + (.75)(.15)
Selling price = .15 + .1125
Selling price = .2625
|
|
|
