Question

Amazon purchases an office chair for $63, and marks it up 28%.

Which equation can be used to find the selling price of the office chair?

Answer 1

$63 + ($63 · 0.28) = $80.64

`f = p + pm` where:

`f` = final price: $80.64,

`p` = original price: $63,

and
`m` = markup percent (in decimal): 28% → 0.28.