Question

finish last two in homework

Answer 1

sellingAnswer:

16.4325

Explanation:

We are told that the markup rate of the store is 5%, meaning that when it sells its product, it charges an additional extra 5% to the customers.

Now, we know the wholesale price of the wine is $15. 65, adding another 5% gives us the sell price

$price=5\%+\ 15.65$

now 5% of 15.65 is

$15.65\times\frac{5}{100}=0.7825$

therefore

$\begin{gathered} price=5\%+\ 15.65 \\ price=0.7825+\ 15.65 \end{gathered}$$price=\ 16.4325$

Hence, the shop charges $16.4325 for the wine bottle.