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A store pays $\$69$ for a table and marks the price up by $25\%$ . What is the amount of the mark-up? $\newline$ $\$$ _____

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Percent of a number: tax, discount, and more

Full solution

Q. A store pays

\$69

for a table and marks the price up by

25\%

. What is the amount of the mark-up?

\newline

\$

_____

Calculate Mark-up Amount: Calculate the mark-up amount based on the original price and the mark-up percentage. $\newline$ Mark-up amount = Original price $\times$ Mark-up percentage $\newline$ $= 69 \times \frac{25}{100}$ $\newline$ $= 69 \times 0.25$ $\newline$ $= \$(17.25)$

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