You'll also see what happens when you don't follow these rules, and you'll find out why order of operations is so important!
Having difficulty turning a word problem into an algebra equation? With this tutorial, you'll learn how to break down word problems and translate them into mathematical equations.
You've probably went to the store to buy an item and found that its price has been marked up.
In this tutorial, learn how to figure out the new price of an item that was marked up. Check out this tutorial where you'll see exactly what order you need to follow when you simplify expressions.
You may also want to try our markup/margin with VAT calculator or the markup/margin with sales tax calculator.
Perhaps the plain old VAT calculator and sales tax calculator are to your liking.
A "markup" is the difference between what a product or service costs you to produce and the price at which you ultimately sell it to consumers.
It's usually expressed as a percentage, and it's an important number.
If it cost you to manufacture or stock the item and you want to include a markup, you must sell the item for .
And remember that the cost must include your allocated overhead.