Problema Solution
a clothing store sells a sweater for $35 at a markup rate of 55%.
How much money is the markup on the sweater?
Answer provided by our tutors
let S.P BE SELLING PRICE OF SWEATER
S.P= $35
MARKUP RATE =35%
SO MONEY MARKUP ON SWEATER=
35% OF $35= $ 12.25
TOTAL MONEY INCLUDING MARKUP MONEY =
$35 +$12.25= $47.25