Harold works at a men,s clothing store which marks up its retail clothing by 27%. The store purchases pants for 74.00 suit jackets for 325.00 and dress shirts for 48.00 how much will Harold charge a customer for two pairs of pants ,three dress shirts and a suit jacket?
Y= Retail price
X= Purchase Price
Formula: Y= X(1 + 0.27)
Pants: $74.00 x 1.27 = 93.98
Dress: $325.00 x 1.27 = 412.75
Shirt: 48.00 x 1.27 = 60.96
2 pants: $93.98 x 2 = $187.96
3 dresses: $412.75 x 3 = $1,238.25
1 suit jacket: $60.96 x 1 = $60.96
187.96
1,238.25
+ 60.96
1,487.17
Harold would charge a customer $1,487.17 for two pairs of pants, three dress shirts and a suit jacket at a markup price of 27%