To solve the questions, we first calculate the markup on the lamp's cost.
Question 1
Part 1: What is the increase in the cost of the lamp after the markup?
Given:
- Cost of the lamp = $125
- Markup percentage = 65%
To find the increase in cost due to the markup:
\[ \text{Markup} = \text{Cost} \times \text{Markup Percentage} = 125 \times 0.65 \]
Calculating that:
\[ \text{Markup} = 125 \times 0.65 = 81.25 \]
Increase in the cost of the lamp after the markup is $81.25. (Answer: A)
Question 2
Part 2: Considering the 65% increase, what will a customer pay for the lamp?
To find the final price a customer pays for the lamp, we add the original cost of the lamp to the markup:
\[ \text{Final Price} = \text{Cost} + \text{Markup} = 125 + 81.25 \]
Calculating that:
\[ \text{Final Price} = 125 + 81.25 = 206.25 \]
The customer will pay $206.25 for the lamp. (Answer: B)
Final Answers:
- Question 1: A ($81.25)
- Question 2: B ($206.25)