Markup: find the amount of the markup
Find the percent of the cost. Add it on to get the selling price.
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A shop buys a jacket for $37 and marks up the price by 10%. How much is the markup?
Answer: $3.70
A shop buys a pair of shoes for $67 and marks up the price by 50%. How much is the markup?
Answer: $33.50
A shop buys a bike helmet for $55 and marks up the price by 20%. How much is the markup?
Answer: $11.00
Tip: Find the percent of the cost. Add it on to get the selling price.
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