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5 November, 03:33

A junior one day admission to an amusement park is $28. This price is increased by 60% for adults. Find the mark up and the adult price

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Answers (1)
  1. 5 November, 04:58
    0
    The mark up is $16.8

    The adult price is $44.8

    Step-by-step explanation:

    * Lets explain how to solve the problem

    - The mark up is the the amount of increasing in percentage

    - If the original amount is known and the percentage markup is

    known, then the final amount is the original amount plus the

    amount of markup

    * Lets solve the problem

    - A junior one day admission to an amusement park is $28

    - This price is increased by 60% for adults

    - They ask for the markup and the adult price

    ∵ The mark up is the amount of increasing

    ∵ The junior admission is $28

    ∵ The adult admission is 60% more the junior admission

    ∴ The mark up is 60% of the junior admission

    ∵ 60% = 60/100 = 0.6

    ∴ The mark up = 0.6 * 28 = 16.8

    ∴ The mark up is $16.8

    ∵ The adult price = junior price + mark up amount

    ∵ The junior price = $28

    ∵ The mark up = $16.8

    ∴ The adult price = 28 + 16.8 = 44.8

    ∴ The adult price is $44.8
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