Question

Winter Wonderland buys items at wholesale, then marks them up to set a retail price. They buy snow globes for $9.20 and mark them up by 95%. What is the retail price or selling price of the snow globes?

Answer 1

$17.94

Explanation:

Step one:

given

the cost price of snow globes = $9.20

mark up percent= 95%

Required:

the retail selling price

Step two:

let us find 95% of $9.20

=95/100*9.20

=0.95*9.20

=$8.74

Hence the retail selling price is = 9.20+8.74

=$17.94