Math Problem Statement
if a department store marks up a $250
Solution
It looks like your question got cut off. Are you asking about a department store marking up a $250 item and how much the final price would be? If so, I’d be happy to help! Could you specify the markup percentage?
For example, if the markup is 20%, the final price would be calculated as:
Let me know the markup percentage, and I’ll provide a precise answer! 😊
Related Questions:
- How do you calculate markup percentage from the selling price?
- What is the difference between markup and profit margin?
- How does discounting affect a marked-up price?
- What are common markup percentages in retail industries?
- How can you calculate the markup if you only know the cost and selling price?
Tip: To convert a markup percentage into a selling price easily, multiply the original price by (1 + markup rate in decimal form).
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Math Problem Analysis
Mathematical Concepts
Markup Calculation
Percentage Increase
Basic Arithmetic
Formulas
Final Price = Original Price + (Markup Percentage × Original Price)
Final Price = Original Price × (1 + Markup Rate in Decimal Form)
Theorems
Percentage Calculation
Suitable Grade Level
Grades 6-8