Question

Problem 2

A jewelry store purchased a pair of earrings for $54
before a markup was applied.
There was a 90% markup. After the markup, a 6.5%
sales tax is added.
What is the total after markup and tax?

Answer 1

$109.27

Explanation:

100 + 90 = 190

54/100 X 190 = 102.60

100 + 6.5 = 106.5

102.60/100 X 106.5 = 109.269

monetary unit round to 2dp

109.27