Answer:
Explanation:
Let's use the markup method to calculate the selling price for a sandwich at Jax's Deli. The markup is $3.50.
Markup Formula:
Selling Price
=
Cost Price
+
Markup
Selling Price=Cost Price+Markup
In this case:
Selling Price
=
Cost Price
+
$
3.50
Selling Price=Cost Price+$3.50
If you have the cost price, you can add the markup to find the selling price. If you don't have the cost price, you won't be able to determine the exact selling price.
If you provide the cost price, I can help you calculate the selling price using the markup method.