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:

Final Price=Original Price+(Markup Percentage×Original Price)\text{Final Price} = \text{Original Price} + (\text{Markup Percentage} \times \text{Original Price})

=250+(0.20×250)=250+50=300= 250 + (0.20 \times 250) = 250 + 50 = 300

Let me know the markup percentage, and I’ll provide a precise answer! 😊

Related Questions:

  1. How do you calculate markup percentage from the selling price?
  2. What is the difference between markup and profit margin?
  3. How does discounting affect a marked-up price?
  4. What are common markup percentages in retail industries?
  5. 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