Question

Find the selling price.

Markup ($) = percent markup (%) x original cost ($)

Selling price ($) = original cost ($) + markup ($) A local gaming store bought a gaming console for$90. The gaming store sold the console, and the percent markup was 162%. What is the selling price?

The selling price is: $_________ Skip to navigation Answers 1. thachthao Answer:$145.80
Step-by-step explanation:

$145.80 Step-by-step explanation: The original cost of the product was$90.  There was a 162% markup.  In order to get the selling price, I like to take away 100 percent and simply add original price+(original price*62%).  After taking away 100%, I am left with 62%.  I then multiply the original cost (\$90) by the remaining percent (62%), getting 55.8.  Following the steps that I originally wrote, I now add 90 to 55.8, getting 145.8.