Question

AL'S hat shop bought a hat for $95. Al wants to markup the hat by 55% of the selling price. What should the selling price of the hat be?

Answer 1

Answer:

$147.25

Step-by-step explanation:

The hat shop wants to markup the hat that they bought for $95 by 55%.

This means that they want to increase the price by 1.55 of 95.

Multiply 95 by 1.55 to calculate the 55% increase of the hat.

• $95 * 1.55 = $147.25

The selling price of the hat should be $147.25.