1233481
contestada

What is the selling price of an item if the original cost is $784.50 and the markup on the item is 6.5 percent?

selling price = original cost + markup value

Respuesta :

Answer:

835.49

Step-by-step explanation:

selling price = original cost + markup value

We need to find the markup

markup = original cost * markup percent

             = $784.50 * 6.5%

           = $784.50 *.06.5

           =50.9925

Rounding to the nearest cent

            =50.99

selling price = original cost + markup value

                     =784.50+50.99

                      835.49