Markup Problems 5
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Part of video series
Lesson Description:
Word Problems using percent and markup.
More free YouTube videos by Julie Harland are organized at http://yourmathgal.com
Questions answered by this video:
- How do you find the profit if you only know the markup rate and the selling price?
- Does the markup mean the same as the profit?
- How can you find the cost of an item if you only know the markup rate and the actual markup?
- How can you find the selling price of an item if you only know the markup rate and the actual markup?
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Staff Review
Given the information, the video shows how to not only set up the problem, but the reasonableness of the answers.
