Question

Nel’s Sports supplies bought a basketball at a wholesale price of PhP 650.00. Nel marked the
price up by 28%

Answer 1

Given : Nel's sports supplies brought a basketball at a wholesale price of Php 650.00.

Nel marked the price up 28%

To Find :

a. mark up amount

b.   price​

Solution:

Whole sale price = 650.00

Nel marked the price up 28%

mark up amount  = (28/100)650.00   = 182  Php

mark up amount   =  182 Php

Price = 650 + 182

=> Price = 832 Php

a. mark up amount     182 Php

b.   price​   832 Php

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