Daria bought a bracelet at original cost $16 to sell in her handicraft store. She marked the price up 45%.

What is the amount of markup?

Respuesta :

Answer:

It’s actually $7.20

The amount of the price markup is $7.20

A price markup is an increment in the actual price(original cost) of an item purchased by a particular percentage.

In the given question;

  • The original cost of the bracelet = $16
  • If Daria marked the price up by 45%

The amount of the price markup is;

= Original cost × percentage of price marked up

= 16 × 45%

= 16 × 0.45

= $7.20

Learn more about price markup here:

https://brainly.com/question/16710746