Question

A jewlery supply shop buys silver chains from a manufacturer for c dollars each, and then sells the chains at a 57% markup

11. Write the markup as a decimal

12. Write an expression for the retail price of a silver chain.

13. What is the retail price of a silver chain purchased for $45.00?

14. How much was added to the original price of the chain?



Please help

Answer 1

11. 57% = 0.57

12. retail price = c + (0.57c)

13. retail price = 45 + (0.57 x 45)

retail price = 45 + 25.65

retail price = $70.65

14. 57% was added to the original price of the chain which is $25.65