Question

A wholesaler requires a markup of 45% based on cost for merchandise sold. What should the selling price of a watch be (in $) if each watch costs $50? $

Answer 1

$50*(145/100)=$72.5

Explanation:

the seller add 45% of the original price for the profit

so 45 is added to the 100 to find the original+45% of the product

the selling price should be $72.5