A sungka board is priced 999.75 pesos at a certain toy store.if they used a markup of 35% of the cost,what is the markup as a percent of selling price?

To find the markup as a percentage of the selling price, we can follow these steps:

1. **Let the cost of the sungka board be \( C \) pesos.**
2. The store applied a 35% markup based on the cost, so the markup is \( 0.35 \times C \).
3. The selling price \( S \) is the cost plus the markup, so:
   \[
   S = C + 0.35 \times C = 1.35 \times C
   \]
4. We know that the selling price is 999.75 pesos, so:
   \[
   999.75 = 1.35 \times C
   \]
5. To find \( C \), divide both sides by 1.35:
   \[
   C = \frac{999.75}{1.35} \approx 740.56 \text{ pesos}
   \]
6. The markup is \( 0.35 \times C \), so:
   \[
   \text{Markup} = 0.35 \times 740.56 \approx 259.20 \text{ pesos}
   \]
7. To express the markup as a percentage of the selling price:
   \[
   \text{Markup Percentage} = \frac{259.20}{999.75} \times 100 \approx 25.92\%
   \]

Thus, the markup as a percentage of the selling price is approximately **25.92%**.

Would you like further details or have any questions? Here are 5 related questions:

1. How do you calculate a markup if the selling price and markup percentage are given?
2. What is the relationship between markup percentage based on cost and selling price?
3. How do businesses decide on an appropriate markup percentage?
4. Can the markup percentage vary based on different types of products?
5. What are the effects of discounts on the markup percentage?

**Tip:** To quickly estimate markup percentages, always divide the markup by the selling price, not the cost.

A sungka board is priced 999.75 pesos at a certain toy store. If they used a markup of 35% of the cost, what is the markup as a percent of selling price?

Learn how to calculate the markup percentage of a sungka board priced at 999.75 pesos, with a cost markup of 35%. This problem covers key mathematical concepts like percentages, markup, and selling price, making it suitable for students in Grades 7-9.

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