The markup on a TV should be 58% based on selling price. If the seller paid $252 for one, then how much should it be sold for (in $) to achieve the desired markup?

=$398.16

Explanation:

Mark up represents the desired profits of a product. A percentage mark-up increases the price of a product by that specific percentage.

If the cost is $252 and the required mark-up is 58%, the selling price will 58% higher than $252.

= 58% of 252 + 252

= (58/100 x 252) + $252

=$146.16 + 252

=$398.16