A store buys hirts for $18 and marks them up by 49% for retail sale. What is the retail price of each shirt.

Question

asked Apr 6, 2021 53.8k views

2 Answers

Hardeep Singh · Answer 1 · 2021-04-10T15:31:59+0000

Answer:

$26.82

Explanation:

Product Cost: $18

Markup: 49%

Selling Price = (49% / 100% * $18) + $18 = $8.82 + $18 = $26.82

This gives you a price markup of $26.82.

this is my first answer and it could very well be wrong, sorry ;(