Nathan bought a bicycle for $230 at an auction. Nathan sells the bike for $299 at a 30% markup.
A percentage is a minimum number or ratio that is measured by a fraction of 100.
Nathan bought a bicycle for $230 at an auction. He fixed it up and sold it at a 30% markup.
So, the markup price, we get
30% of $230
= 30/100 x 230
= 3 x 23
= 69
Total selling price = 230 + 69
= 299
Thus, Nathan sells the bike for $299.
Learn more about percentages;
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