Jim's music store buys a guitar at $1,200 and marks it up 50%. The mar…

Question

Jim's music store buys a guitar at $1,200 and marks it up 50%. The mark-up is:

Accepted Answer

B. $600

1. Multiply 1,200 by 0.50.
2. That gives 600.
3. The list price becomes 1,800.
_Source: OpenStax Elementary Algebra 2e, Chapter 3, Solve Percent Applications (CC BY 4.0)._

Answer

$1,200

Answer

$1,800

Answer

$500

Jim's music store buys a guitar at $1,200 and marks it up 50%. The mark-up is:

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