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Question
- tickets to a pro basketball game are resold online with a 50% markup from their original price. the price of tickets online to a pro basketball game is % of its original price.
Step1: Define original price
Let the original price be $100\%$ (or $1$ in decimal, but using percentage for clarity).
Step2: Calculate markup amount
A 50% markup means we add 50% of the original price to the original price. So the markup is $50\%$ of the original price.
Step3: Find the online price percentage
The online price is the original price plus the markup. So that's $100\% + 50\% = 150\%$ of the original price.
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