Chitra K. answered • 11/27/16
Tutor
4.4
(44)
Mathematics and SQL Tutor
markup price = 24% of 20 .it's 4.8
now new price is = original price+ markup price
= 20+4.8
=24.8
Makaylah C.
asked • 11/27/16Use the given information to find the new price. Round to the nearest cent. Original Price: $20 Markup Rate: 24%
can someone please show me how to work this out?
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2 Answers By Expert Tutors
Andrew M. answered • 11/27/16
Tutor
New to Wyzant
Mathematics - Algebra a Specialty / F.I.T. Grad - B.S. w/Honors
If the markup is 24% then the
new price is (1.24)(original price)
Just multiply (20)(1.24) = $______
Andrew M.
Since the mark up is 24% the new price is
(100% of the original price)+(24% of original price)
= 124% of the original price... = 1.24(original price)
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11/27/16
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Makaylah C.
11/27/16