The markup is calculated as follows:

Step 1: Convert the markup percentage to a decimal. 50% becomes 0.50.

Step 2: Multiply the original cost of the vase by the decimal. $88 * 0.50 = $44.

So, the amount of the markup is $44.

Question

The markup is calculated as follows:

Step 1: Convert the markup percentage to a decimal. 50% becomes 0.50.

Step 2: Multiply the original cost of the vase by the decimal. $88 * 0.50 = $44.

So, the amount of the markup is $44.

Knowee AI · Accepted Answer

The markup is calculated as follows:

Step 1: Convert the markup percentage to a decimal. 50% becomes 0.50.

Step 2: Multiply the original cost of the vase by the decimal. $88 * 0.50 = $44.

So, the amount of the markup is $44.

Astorepays$88foraceramicvase.Thestoremarksupthepriceby50%.Whatistheamountofthemark-up?