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Question 1

Bianca's music store bought a guitar at wholesale price of `$550` . Bianca marked the price up `45 %`.

Answer the following questions:

1) What is the markup amount? $

2) What is the list price? $

Box 1: Enter your answer as a number (like 5, -3, 2.2172) or as a calculation (like 5/3, 2^3, 5+4)

Enter DNE for Does Not Exist, oo for Infinity

247.5

Box 2: Enter your answer as a number (like 5, -3, 2.2172) or as a calculation (like 5/3, 2^3, 5+4)

Enter DNE for Does Not Exist, oo for Infinity

797.5