Question

what is the selling price of an item the original cost is 784.50 and the mark up price on the item is 6.5 percent?

Answer 1

Explanation:

C. $ 835.49

Answer 2

Selling Price= Original Cost + (Original Cost * Markup %)


Selling Price= $784.50 + ($784.50 * 6.5%)
change % to decimal (6.5% ÷ 100)

=784.50 + (784.50 * 0.065)

=784.50 + 50.99
=$835.49


ANSWER: The selling price is $835.49.

Hope this helps! :)