kendasinjab kendasinjab
  • 26-09-2019
  • Mathematics
contestada

A retailer buys a calculator for $5.30. What selling price would represent a 210% markup?

Respuesta :

calculista
calculista calculista
  • 01-10-2019

Answer:

The selling price is $16.43

Step-by-step explanation:

we know that

A markup percentage is the amount of the cost of an item that you add on to create the selling price

we have that

[tex]100\%+210\%=310\%=310/100=3.10[/tex]

To find out the selling price, multiply the cost of a calculator by the factor 3.10

so

[tex]\$5.30(3.10)=\$16.43[/tex]

therefore

The selling price is $16.43

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