Example Question - calculating selling price

Calculating Selling Price with a 35% Mark-Up

The question is asking for the selling price of an item if it is marked up by 35% from the cost price. The cost price of the item is $125. To mark up the item by 35% of the cost price, you calculate 35% of $125 and then add it to the original cost price. 35% of $125 is calculated as follows: (35/100) × $125 = 0.35 × $125 = $43.75 Now, add this mark-up to the original cost price to get the selling price: Selling price = Cost price + Mark-up Selling price = $125 + $43.75 Selling price = $168.75 So, the selling price of the item is $168.75.