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A store pays $23\$23 for a lawn sprinkler and marks the price up by 45%45\%. What is the new price? \newline$\$_____

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Percents - calculate tax, tip, mark-up, and moreright chevron icon

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Q. A store pays $23\$23 for a lawn sprinkler and marks the price up by 45%45\%. What is the new price? \newline$\$_____
  1. Calculate Markup Amount: Step 11: Calculate the markup amount.\newlineMarkup percentage = 45%45\%\newlineOriginal price = $23\$23\newlineMarkup amount = Original price ×\times Markup percentage\newlineCalculation: $23×0.45=$10.35\$23 \times 0.45 = \$10.35
  2. Add Markup to Original Price: Step 22: Add the markup amount to the original price to find the new price.\newlineOriginal price = $23\$23\newlineMarkup amount = $10.35\$10.35\newlineNew price = Original price + Markup amount\newlineCalculation: $23+$10.35=$33.35\$23 + \$10.35 = \$33.35

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