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Day 3 : MarkupDescription: Using the unitary method to find the cost price, sales price, or profit of an item given the Markup
Objective: The purpose of this exercise is to practice the unitary method of solving questions involving percentages. In this exercise we are looking at Markup which is a percentage of the cost price.
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Markup is the profit that a business makes as a percentage of the cost of the item

So a business man buys a coat for €400

He marks it up by 20% (of €400) = €80

And he sells it for €400 + €80 = €480