Question

Laptop: $199.99, 13% markup

Answer 1

If the original cost of a laptop is $199.99 and there is a 13% markup, the retail price of the laptop would be:

Retail price = original cost + (original cost * markup)

= 199.99 + (199.99 * 0.13)

= 199.99 + 25.99927

= $225.98927

Rounded to the nearest cent, the retail price of the laptop would be $225.99.

Explanation:

Answer 2

Final price = cost + (cost * markup)

Plugging in the values given in the problem, we get:

Final price = 199.99 + (199.99 * 0.13) = 199.99 + 25.999 = $225.989

Rounded to the nearest cent, the final price of the laptop with a 13% markup is $225.99.