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A store pays $67\$67 for a model railroad set and marks the price up by 2525% . What is the new price? \newline$\$_____

Full solution

Q. A store pays $67\$67 for a model railroad set and marks the price up by 2525% . What is the new price? \newline$\$_____
  1. Calculate Markup Amount: question_prompt: What's the new price after a 25%25\% markup on a $67\$67 model railroad set?
  2. Add Markup to Original Price: Step 11: Calculate the markup amount by multiplying the original price by the markup percentage.
  3. Check Math: Step 22: Add the markup amount to the original price to find the new price.
  4. Check Math: Step 22: Add the markup amount to the original price to find the new price. Step 33: Check the math to make sure no mistakes were made.

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