How do you find the selling price of a $270 bicycle with a 24% markup?

Question

2931 views around the world

You can reuse this answer
Creative Commons License

Answer 1 · 2016-11-16T23:18:56

$$334.80$

The easy way to do markup problems is just to multiply:

$$270 xx 1.24$

since you're adding $24%" of "270 = (0.24*270=64.8)$

and $270 (100% "of " 270)$

$24/100 + 100/100 = 124/100 = 1.24$

You can just simplify it to one step:

$rarr" "1.24xx270=334.80$