A store pays $49.14 for an easel. The Store markes up the price by %50. What is the amount the make-up

$56.51

Step-by-step explanation:

Given parameters:

Cost price by the store = $49.14

Amount of mark up = 50%

Unknown:

Make- up price  = ?

Solution:

Since the price was increased by 50% more, to find the mark up price, we can find 50% of the cost price and add the value to the cost price.

Also;

 Make-up price  =( 1 + ) x $49.14

                           = 1.15 x $49.14

                            = $56.51