Question

A toy store’s percent of markup is 45%. a model train costs the store $50. find the markup.

a. $72.50
b. $22.50
c. $27.50
d. $111.11

Answer 1

Toy cost = $50

A.T.Q,

Markup = 50*45 / 100 = 22.5

(B)$22.50 is your answer.

Answer 2

$22.50

Explanation:

Given : A toy store’s percent of markup is 45%. a model train costs the store $50.

To Find: Find the markup.

Solution:

Cost of model train = $50

A toy store’s percent of markup is 45%

So, markup =
`45\% * 50`

=
`(45)/(100)* 50`

=
`22.50`

Hence the markup is $22.50

Option B is correct.