biancachantall4089 biancachantall4089
  • 16-02-2021
  • Mathematics
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A store pays $11 for a set of spoons and marks the price up by 30%. What is the amount of the markup?

Respuesta :

berno berno
  • 17-02-2021

Answer:

[tex]\$3.3[/tex]

Step-by-step explanation:

Given:

Amount paid by a store for a set of spoons = $11

Percentage increase in price = 30%

To find: amount of the mark up

Solution:

To find amount of the mark up, find 30% of (amount paid by a store for a set of spoons)

Amount of the mark up = [tex]\frac{30}{100} (11)=\$3.3[/tex]

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