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  • Bob wants to buy hot chocolate.
  • A Cafe
  • The hot chocolate is 25% off.
  • Yes, the hot chocolate is 25% off.
  • Bob is happy with the
  • yes, now the new amount its $7.5. Ya.
  • It was a snowy day and Bob was cold, so he went to A Cafe and was going to buy a hot chocolate. 
  • John is at the mallto buy his cousin a present. 
  • Bob realizes the hot chocolate is 25% and it costs  10$. what is the amount of change?
  • John is finding out the Markup and the retail sale price.
  • Bob has to pay $7.5 for the hot chocolate because if you times the original amount with the percent then subtract the original amount you will find the new amount. 
  • John is shocked by the retail sale price.
  • Maybe I should go to the toy store.
  • John went to the mall to buy a present for his little cousin because it was his birthday.     
  • John was going to buy a teddy bear and the whole price is 2.50 and the % Markup is 20%. So John starts figuring out whats the Markup and the retail sale price.
  • Hmm, I wonder what the Markup?
  • The $ markup is $0.50 and the retail sale price is $3 because if you times 2.50 with .20 (20%) it equals .5 which is $0.50 and if you add that with 2.50, the original price, and it equals $3.
  • The $ markup is $0.50 and the retail sale price is $3.
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