Question

Original cost $21.99 Markup 5%. What's the new price?

Answer 1

Step-by-step explanation:

We have to find 5% of the original cost first:

`21.99*(5)/(100)=21.99*0.05=1.0995`

And then add it to the original price:

`21.99+1.0995=23.0895`

Since it's a price, we have to round this result to the nearest hundredth

Answer:

The new price is $23.09