Question

1) A store manager uses a markup rate of 28% on all

televisions. What is the markup on a television
which cost the store $300?
A) 894 B) 548 C)$84 D) $384

Answer 1

D, $384

Explanation:

Original price: $300

If the price raised by 28% then we are adding 28% more to $300.

.28 x 300 = 84

300 + 84 = $384