Question

A bike store sells scooters at a 54% markup. If the store bought each scooter for $29.25, what is the resale price to the nearest dollar

A. $25.00
B. $35.00
C. $45.00
D. $55.00
​

Answer 1

c

Explanation:

$29 x 54%=$16

$29 + $16= $45

Answer 2

C. $45.00

Explanation:

Markup = original price * markup percentage

= 29.25 * 54%

= 29.25 *.54

=15.795

= 15.80

We need to add the markup to the original price

Sales price = original price + markup

= 29.25 + 15.80

=45.05

To the nearest dollar