Question

Barnes and Noble pays a publisher $1.50 for a magazine. The magazine is marked-up 12%. Find the new SELLING PRICE of the magazine.

Answer 1

Answer: The selling price will be $1.68

Explanation:

If the magazine is marked-up by 12% , then you will multiply 12% by the amount of money then add it to the same amount of money.

1.50 * 12% = 0.18

1.50 + 0.18 = 1.68