Question

Use the given information to find the new price. Round to the nearest cent.ORIGINAL PRICE: $29MARKUP PRICE: 29%

Answer 1

Original price: $29.00

New price = original price + Markup price

29% of $29.00 is (29)(29.00)/100 = 8.41

Therefore Markup price = $8.41

New price = 29.00 + 8.41 = 37.41

Answer:

$37.41