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Divide the mark-up amount as a decimal fraction of the pre-mark-up.

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Q: How do you write a markup as a decimal?
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A new 2008 Honda Accord has a list price of 25 800 Suppose that the dealer markup on this car is 15 What is the dealer's cost?

Here's how to find out. Take the markup percentage (15, in your example) and move the decimal two places to the left. Then write a 1 to the left of the decimal, so you get 1.15...or 1.38, 1.75 or whatever the markup is. Divide the price by that number, and you have it.


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How do you divide to find a decimal or mixed decimal then write the decimal?

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You first write the integer part, then write the decimal point and then the fractional part in decimal form.


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160 is a decimal. You can write 160.0 if you want to.


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How can you calculate the selling price if you know the original price and the amount of markups?

Multiply the original price by 1 plus the decimal equivalent of the markup. Example: $39.95 with a 25% markup = $39.95 x 1.25 = $49.94


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