Dorothy Quinones manages a security equipment store that sells items including alarm systems, lock and safes. Dorothy marks up everything in the store 50% based on cost. If she sells a 5,040 cubic inch fireproof safe for $474.51, compute the dollar markup on the safe.

Fireproof Safe

A secure storage unit designed to protect contents from fire damage up to certain temperatures or for a specified duration.

Cubic Inch

A unit of volume measurement in the Imperial and United States customary systems, equivalent to the volume of a cube with each side being one inch long.

Dollar Markup

The difference between the selling price of an item and its cost expressed in dollars, representing the retailer's gross profit.