The cost of an item is $2.10 and the mark up is $0.60. What is the selling price of the item?

Question

The cost of an item is $2.10 and the mark up is $0.60. What is the selling price of the item?

1 Answer

Impact of this question

1637 views around the world

You can reuse this answer
Creative Commons License

Answer 1 · 2017-01-28T18:13:33

The selling price is $2.10

Explanation:

The formula for the selling price is:

$s = c + m$ $s = c + m$

Where:
$s$ $s$ is the selling price, what is being asked for in the problem
$c$ $c$ s the cost of the product - $1.50 in this problem
$m$ $m$ is the mark up - $0.60 in this problem

Substituting into the formula and calculating $s$ $s$ gives:

$s = $ 1.50 + $ 0.60$ $s = $1.50 + $0.60$

$s = $ 2.10$ $s = $2.10$

Science

Math

Humanities

... and beyond

The cost of an item is $2.10 and the mark up is $0.60. What is the selling price of the item?

1 Answer

Explanation:

Related questions

Impact of this question