Question

**20 POINT QUESTION!**

1) Cost to store _?_
Markup: 80%
Selling Price: $122.40

2) The selling price of a skateboard is $147. The store has a 75% markup policy. What is the cost of the skateboard to the store?

Answer 1

1) The cost will be $153. I got this by dividing 122.40 by .8
2) The cost of the skateboard will be $196. I got this the same way i did on #1

Answer 2

The first one I got 24.48.
Second one I got 36.75.
I hope I helped, pretty sure I did this right, but you might want to have someone double check.