Selling Price after a 25.93% Profit Margin is applied to an item that Cost $105.19

Given: Cost = $105.19,  Profit Margin = 25.93%
Profit Margin as a Decimal: 25.93% = 0.2593
Formula:
Selling Price =  

Cost/ 1 – Profit Margin as a Decimal

Selling Price =  

$105.19/ 1 – 0.2593

Selling Price =  

$105.19/ 0.7407

Selling Price = $142.01
Notes:
Profit = Selling Price – Cost = $142.01 – $105.19 = $36.82
Markup Amount = Profit = $36.82
Markup Percentage =  

Markup Amount/ Cost

=  

$36.82/ $105.19

= 0.35 = 35%