Find the markup and selling price for a drill if the cost is $85 and the markup rate is 70% of the cost

markup-and-selling

#1

Find the markup and selling price for a drill if the cost is $85 and the markup rate is 70% of the cost.

Answer:

Mark up: 0.7* 85 =59.5
Selling price = 59.5+85 = $144.50