Question

A home improvement store buys snow shovels from a supplier for $8.50. The day before a snowstorm the store manager marks up the price by 180% to calculate the retail or selling price. What is the retail price of the snow shovel?

Answer 1

The retail price is $15.30

Explanation:

• To solve this, turn the percentage into a decimal. Do this by dividing it by 100.

180 ÷ 100 = 1.8

• Then, multiply the supplier price by the decimal

8.5 × 1.8 = $15.30

Answer 2

Answer: It now costs $15.30 for each shovel (retail price)

Explanation:

180% times 8.5 is equal to 1.8 times 8.5 and this is equal to 15.3