Problema Solution
. Jonathan’s Antiques purchased an old wooden sled at an auction for $210. Jonathan wants to mark up the sled 60% of the selling price. What would be the selling price of the sled?
Answer provided by our tutors
the cost = $210
selling price = x
markup = 0.60x
markup = selling price - cost
0.60x = x - 210
by solving we find:
x = $525
click here to see the step by step solution of the equation:
the selling price would be $525.