Question

Zales bought a tea set for $1,400. Zales wants to markup the set 55% of the selling price. The selling price of the tea set should be

Answer 1

100 --- 55

1400 ---x

---------

x=1400 x 55/100 =14 x 55 = 770

The answer is 770

Hope This Helps!

Answer 2

The selling price of the tea set should be $ 2170.

Step-by-step explanation:

Given,

The cost price of the tea set = $ 1,400,

Markup in the price = 55 %,

Thus, the selling price of the tea set = Cost price + 55% of cost price

= 1400 + 55% of 1400

`=1400+(55* 1400)/(100)`

`=1400+(77000)/(100)`

`=1400+770`

`=\$2170`