A toy store’s percent of markup is 30%. A model train costs the store $70. Find the markup.

Question

$49

$21

$91

$233.33

Answer 1

To find the markup, we first need to calculate 30% of the cost price of the model train.

Markup = 30% of $70 = 0.30 * $70 = $21

Therefore, the markup on the model train is $21.

So, the correct answer is $21.