Question

Cost of a CD: $14.50Markup: 30%

Answer 1

Given:

Cost of a CD = $14.50

Markup =30%

If markup 30% then:

`\begin{gathered} =(130)/(100) \\ =1.3 \end{gathered}`

So the cost is:

`\begin{gathered} =1.3*14.50 \\ =18.85 \end{gathered}`

markup cost is 18.85