Bill’s Bikes sells new and used bikes. Bill buys used bikes, fixes them, and marks up the prices by 80%. The salesperson selling the bike gets a 25% commission on the markup.
Find the missing values in the table.
Buying Price Markup (80% of buying price) Selling Price Commission
(25% of markup)
Profit
(Money the shop makes on the sale)
$100
$80
180
20
$60
$55
$125