Answer:
$57.38
Explanation:
Yoselin bought a broken antique table at a garage sale for $30. She plans to repair and paint it before reselling it. Her supplies cost $45 plus 6.25% sales tax. She takes the amount that she spent on the table and supplies, and marks up the price by 120%. How much should she charge for the table?
supplies:
= cost * (100% + 6.25% tax)
= $45*(1.0625)
= $47.8125
bought for: $30
total spent:
= $47.8125 + $30
= $77.8125
marks up by 120%:
120% = 1.2 so:
= $77.8125 * 1.2
= $57.375
rounded: $57.38