A toy cost 120.00 with a mark-up rate of 50%. How much is the selling price of the toy?
*

a. 150.00
b. 125.00
c. 160.00
d. 180.00

To determine the selling price of the toy, we need to calculate the mark-up based on the cost and then add the mark-up to the original cost.

### Steps:
1. The toy's original cost is $ 120.00 $.
2. The mark-up rate is $ 50\% $.

#### Calculation:
The mark-up amount is:
\[
\text{Mark-up} = 120.00 \times \frac{50}{100} = 120.00 \times 0.5 = 60.00
\]

Now, add the mark-up to the original cost to find the selling price:
\[
\text{Selling price} = 120.00 + 60.00 = 180.00
\]

So, the selling price of the toy is **180.00**, which corresponds to option **d**.

Would you like further details or clarification on this?

Here are 5 related questions to deepen your understanding:
1. How is mark-up different from profit?
2. What is the formula to calculate the mark-up percentage?
3. How would the selling price change if the mark-up rate was 30% instead of 50%?
4. How can you find the cost price if the selling price and mark-up percentage are known?
5. What would be the selling price if the toy's cost was $150 with a 50% mark-up?

**Tip:** Mark-up is always calculated on the cost price, whereas profit percentage can sometimes be calculated on the selling price.

A toy cost 120.00 with a mark-up rate of 50%. How much is the selling price of the toy?

Learn how to calculate the selling price of a toy that costs $120 with a 50% markup. This problem involves understanding percentages and basic arithmetic, and provides a step-by-step guide to finding the final price. Suitable for Grades 5-7.

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