Question

find the amount of markup and the percent markup on cost.

cost price	markup	% markup on cost	selling price

cost price	markup	% markup on cost	selling price

(round your answer for % markup on cost to the nearest whole number.)

Explanation:

Step1: Calculate Markup Amount

Markup = Selling Price - Cost Price
$158.83 - 91.09 = 67.74$

Step2: Calculate Percent Markup on Cost

Percent Markup = $\frac{\text{Markup}}{\text{Cost Price}} \times 100$
$\frac{67.74}{91.09} \times 100 \approx 74.37 \approx 74$ (rounded to nearest whole number)

Answer:

Markup: $\$67.74$, Percent Markup on Cost: $74\%$