Answer: $24.75
Explanation:
To find the cost of the markup on a pair of shoes with a 33% markup, you can use the following formula:
Markup = Original Cost x Markup Percentage
First, convert the percentage to a decimal by dividing it by 100:
33% = 0.33
Now, use the formula:
Markup = $74.99 x 0.33 = $24.747
So, the cost of the markup is approximately $24.75.