formula for markup
sales price = original price × ( 1 + rate )
So in this case it would be...
sp = $32 × ( 1 + .80 )
$32 × ( 1.80 )
sp = $57.60
formula for discount ( if you need it )
sales price = original price × ( 1 - rate )
Just remember that the rate is the percentage ( to convert to a percentage to a decimal just move the decimal two places to the left )
