Question

A store pays $80 for a silver coat rack and marks the price up by 50%. What is the new price?

Group of answer choices

$15

$120

$60

$80

Answer 1

$ 120

Explanation:

80 + (50% × 80) =

80 + 50% × 80 =

(1 + 50%) × 80 =

(100% + 50%) × 80 =

150% × 80 =

150 ÷ 100 × 80 =

150 × 80 ÷ 100 =

12,000 ÷ 100 =

so, therefore your answer is 120

Answer 2

$120

Explanation:

First, you solve for 50% of 80 which is half of it so 40 then add 40 to 80 and that is 120 and bing bang boom you have your answer $120