Question

A company buys a sweater for $14 and marks it up 90%. It later discounts the sweater 25%.

find the selling price of the sweater after the markup.

Answer 1

$12.6 after marking it up by 90%

Explanation:

To calculate the markup amount, use the formula: markup = gross profit/wholesale cost. If you know the wholesale cost and the markup percentage, then calculating the gross profit just involves multiplying those two numbers. To get to the final retail sticker price, add the gross profit to the original, wholesale cost.Feb 21, 2017

Answer 2

$12.6 after marking it up by 90%

Explanation: