How Do You Figure Out the Price of a Marked Up Item?

How Do You Figure Out the Price of a Marked Up Item?

Note:

The price of items is always changing. You've probably went to the store to buy an item and found that its price has been marked up. In this tutorial, learn how to figure out the new price of an item that was marked up. Take a look!

Keywords:

marked up

change

formula

new price

original price

price

increase

Background Tutorials

Evaluate expressions at specific values of their variables. Include expressions that arise from formulas used in real-world problems. Perform arithmetic operations, including those involving whole-number exponents, in the conventional order when there are no parentheses to specify a particular order (Order of Operations).

You can't do algebra without working with variables, but variables can be confusing. If you've ever wondered what variables are, then this tutorial is for you!

Check out this tutorial where you'll see exactly what order you need to follow when you simplify expressions. You'll also see what happens when you don't follow these rules, and you'll find out why order of operations is so important!

Further Exploration

Use proportional relationships to solve multistep ratio and percent problems.

Going shopping? Is something you want on sale? Trying to figure out the sale price of that item? Follow along with this word problem and you'll see how to calculate that price!