A store buys an item for dollar 50 and marks it up 100%. What is the price?

If a store buys an item for $50 and marks it up by 100%, the price can be calculated as follows:

First, we determine the amount of the markup. A 100% markup on the cost means that the store will add an amount equal to the cost of the item to the original price. Since the item costs $50, the markup is also $50.

Now, we add the original price to the markup: $50 (original price) + $50 (markup) = $100.

Therefore, the price of the item after the 100% markup is $100.

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