. Ben Supple, an importer in Brownsville, has just received a shipment of Peruvian opals that he is pricing for sale. He paid $120 for the shipment. Assume he wants a 60% markup.

Question

I have tried everything to answer this but can not get it right

Answer 1

cost price = $120

60% markup = 60/100 x 120 = 60 x 1.2 = $72 (markup and profit)

$120 + $72 = $192 (selling price)