Question

a department store sells a pair of shoes with an 81% markup if the store bought the pair of shoes for $55.25 ,what's the selling price to the nearest dollar?

Answer 1

Explanation:

First we have to find how much is the markup price, which is 81% of $55.25:

$M.P.=\frac{81}{100}\times55.25=0.81\times55.25=44.7525$

Now we have to add the markup price to the cost of the shoes to find the selling price:

$S.P.=55.25+M.P.=55.25+44.7525=100.0025$

Answer:

The selling price, rounded to the nearest dollar is $100