A boat is marked up 1/5 of the original price. The original price was $50. What is the new price of the boat
1/5 of 50 equals 10. So we add the markup of 10 to the original price of 50:
50 + 10 = $60
1/5 of 50 equals 10. So we add the markup of 10 to the original price of 50:
50 + 10 = $60