Markup Price
1. Stating the problem: We need to find the markup price and the selling price per box of mango bars given the original price and the markup percentage.
2. Given data:
- Original price per box = 150
- Markup percentage = 12% = 0.12
3. Calculate the markup price using the formula:
$$\text{Markup price} = \text{Original price} \times \text{Markup percentage}$$
$$\text{Markup price} = 150 \times 0.12 = 18$$
4. Calculate the selling price by adding the markup price to the original price:
$$\text{Selling price} = \text{Original price} + \text{Markup price}$$
$$\text{Selling price} = 150 + 18 = 168$$
5. Final answers:
- Markup price per box = 18
- Selling price per box = 168