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An Apple iPad sells for $699.00 on eBay. The markup is 30% on cost. What is the total cost of the iPad sold on eBay?

Respuesta :

699.00x.30=209.70. I think you add 699 to 209.70? answer is 908

S
Hope this helps. 
Lanuel

The total cost of the iPad sold on eBay is equal to $908.7

Given the following data:

  • Cost price = $699.00
  • Markup = 30%

To determine the total cost of the iPad sold on eBay:

First of all, we would calculate the markup price by multiplying the cost price by the markup.

[tex]Markup\;price = \frac{30}{100} \times 699\\\\Markup\;price = 0.3\times 699[/tex]

Markup price = $209.7

Now, we can find the total cost of the iPad:

[tex]Total\;cost = Markup\;price + Cost\;price\\\\Total\;cost = 209.7 + 699[/tex]

Total cost = $908.7

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