Question

Store pays $56 for a GPS navigation system the markup is 25% what price will the store sell it for

Answer 1

`\text{We need to find how much the store will sell a GPS navigation system}\\\\\text{We know that the store paid \$56 for it}\\\\\text{We also know that they will mark up the price by 25\%}\\\\\text{We can find 25\% of 56}\\\\56\cdot0.25=14\\\\\text{We can now add that to the original price to get the price the store}\\\text{will sell it for}\\\\56+14=70\\\\\boxed{\$70}`