Question

List the markup and retail price of each item. Round to two decimal place when necessary.

Answer 1

2. 2.70&20.70
3. 9.45&31.95
4. 25.31&59.00
5. 24.75&99.74
6. 48.60&97.20
7. 231.25&416.25

Answer 2

1. Hat:

Markup price =
`0.15*18=2.70` dollars

Retail price =
`18+2.70=20.70` dollars

2. Book:

Markup price =
`0.42*22.50=9.45` dollars

Retail price =
`22.50+9.45=31.95` dollars

3. Shirt:

Markup price =
`0.75*33.75=25.31` dollars

Retail price =
`33.75+25.31=59.06` dollars

4. Shoes:

Markup price =
`0.33*74.99=24.75` dollars

Retail price =
`74.99+24.75=99.75` dollars

5. Clock:

Markup price =
`1*48.60=48.60` dollars

Retail price =
`48.60+48.60=97.2` dollars

6. Painting:

Markup price =
`1.25*185=231.25` dollars

Retail price =
`185+231.25=416.25` dollars