Question

Lori was paid a 15 percent commission for the home audio system that she sold. The electronics store had marked up the price of the system by 60 percent over the wholesale price of $264. How much did Lori earn for the sale of the home audio system? $15.84 $23.76 $39.60 $63.36

Answer 1

Lori was paid a 15 percent commission for the home audio system that she sold. The electronics store had marked up the price of the system by 60 percent over the wholesale price of $264. How much did Lori earn for the sale of the home audio system?

Answer is=$63.36

Step-by-step explanation:

I am doing a unit test on it.

Answer 2

The wholesale price of the home audio system is = $264

The electronics store had marked up the price of the system by = 60%

So, the additional price becomes=
`(60)/(100)*264` = $158.40

Total price of the audio system now becomes = 264+158.40 = $422.40

As Lori was paid commission of = 15% on 422.40, so her commission becomes =
`(15)/(100)*422.40`

= $63.36

Hence, option D is correct.