The selling price of an equipment costing $150.00 with 35% markup is $202.50
An equation is an expression that shows the relationship between two numbers and variables.
An independent variable is a variable that does not depend on any other variable for its value whereas a dependent variable is a variable that depend on any other variable for its value.
Given that the mark up is 35%, hence:
Markup = [(selling price - cost price)/cost price] * 100%
Substituting:
$202.50
Selling price = $202.50
The selling price of an equipment costing $150.00 with 35% markup is $202.50
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