Answer:
$22.50
Step-by-step explanation:
Given : A toy store’s percent of markup is 45%. a model train costs the store $50.
To Find: Find the markup.
Solution:
Cost of model train = $50
A toy store’s percent of markup is 45%
So, markup = [tex]45\% \times 50[/tex]
= [tex]\frac{45}{100}\times 50[/tex]
= [tex]22.50[/tex]
Hence the markup is $22.50
Option B is correct.
