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The cost of a CD player is $47.50. There is a 15% markup. What is the retail price? Explanation and answer please.

The cost of a CD player is $47.50. There is a 15% markup. What is the retail price? Explanation and answer please.
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The cost of a CD player is $47.50. There is a 15% markup. What is the retail price? Explanation and answer please.

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User Jimj
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7.9k points

2 Answers

1 vote
the answer is $54.63
answered
User Lalitm
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8.5k points
4 votes
Your first step is going to be finding 15% of $47.50, so we multiply 47.50 by 0.15 and we get $7.13 so then we add it and get $54.63
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User Philipp Gfeller
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8.2k points
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