please help with this problem (math).

Question

An office equipment store buys highlighter pens boxes at a wholesale price of $23 each. It then marks up the price by 82%, and sells the highlighter pens boxes. What is the amount of the markup? What is the selling price?

Answer 1

An office equipment store buys highlighter pens boxes at a wholesale price of $23 each. It then marks up the price by 82%, and sells the highlighter pens boxes. What is the amount of the markup? What is the selling price?

 

If you markup the highlighter pens boxes from $23 by 82%, you could do $23 x .82 = $18.86 (Markup).  New Selling Price = Wholesale Price $23 + Markup Price $18.86 = $41.86.