Question

Nick wants to buy a pair of shoes. The original cost of the shoes is $56.75, and the markup is 12 percent. How much will he have to pay for the shoes?

Answer 1

Nick will have to pay $63.56 for the shoes.

Answer 2

Nick will have to pay $63.56 for the shoes.

Explanation:

f the original cost of the shoes is $56.75 and the markup is 12% greater than the original price, the final price would be $63.56.

$56.75 • 0.12 = $6.81

$56.75 + $6.81 = $63.56

$56.75 + 12% = $63.56