Question

A music store marks up the instruments it sells by 30%.

C. If the store paid $75 for a calorimeter and sold it tor $100, did the store mark up the price by 30%

Answer 1

• No, it was marked up more than 30%

Explanation:

Let's verify:

• $75 + 30% =
• $75*1.3 =
• $97.5

This is less than $100, so the answer is no