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Compute the requested value. Choose the correct answer.


If the cost is $138.25 and the desired markup is 12.5%, then what is the price after markup?


It is $ .


155.53

153.39

151.77

Verified Answer :

JcAlmighty

The answer is 155.53

The cost is $138.25. This is 100%.
The desired markup is 12.5%. Let x be the price after the desired markup. x is 112.5% (100% + 12.5% = 112.5%).

Again:
$138.25 is 100%
x is 112.5%

Make the proportion:
$138.25 : 100% = x : 112.5%
x = $138.25 * 112.5% : 100%
x = $155.53

Answer:

155.53

Explanation:

odyssey ware

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