A shoe store uses a 60% markup for all the shoes it sells. What would be the selling price of a pair of shoes that has a wholesale cost of $53? (Round to the nearest cent as nee…

Question

asked Apr 18, 2022 142k views

1 Answer

HamiltonUlmer · Answer 1 · 2022-04-25T08:11:45+0000

Answer:

Selling price = $84.80

Explanation:

Multiply the cost by 1 + the mark up percentage.

53 x 1.60 = 84.80

Selling price = $84.80