Q:

A junior one day admission to an amusement park is $28. This price is increased by 60% for adults. Find the mark up and the adult price

Accepted Solution

A:
Answer:The mark up is $16.8The adult price is $44.8Step-by-step explanation:* Lets explain how to solve the problem- The mark up is the the amount of increasing in percentage- If the original amount is known and the percentage markup is  known, then the final amount is the original amount plus the  amount of markup* Lets solve the problem- A junior one day admission to an amusement park is $28- This price is increased by 60% for adults- They ask for the markup and the adult price∵ The mark up is the amount of increasing∵ The junior admission is $28∵ The adult admission is 60% more the junior admission∴ The mark up is 60% of the junior admission∵ 60% = 60/100 = 0.6∴ The mark up = 0.6 × 28 = 16.8∴ The mark up is $16.8∵ The adult price = junior price + mark up amount∵ The junior price = $28∵ The mark up = $16.8∴ The adult price = 28 + 16.8 = 44.8∴ The adult price is $44.8