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A jewelry store marks up the price of bracelets they purchase at $30.00 each by 75%. What is the markup and new price of each bracelet?

A jewelry store marks up the price of bracelets they purchase at $30.00 each by 75%. What is the markup and new price of each bracelet?
asked 112k views
12 votes
A jewelry store marks up the price of bracelets they purchase at $30.00 each by 75%. What is the markup and new price of each bracelet?

asked
User Wildehahn
by
8.5k points

1 Answer

2 votes
The new price is 52.50
30x2=60
30/4=7.5
7.5x3=22.5
22.50+30= 52.50
answered
User Bhalchandra K
by
7.5k points
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