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Now, you are going to M/U the clothes that you purchased by 250%. 3 shirts for $3.00, 3 pants for $4.50 and 2 dresses for $5.00. What is the new TOTAL marked-up price? Group of answer choices $250.00 $22.50 $13.25 $31.25

1 Answer

10 votes

Answer:

$ 31.25

Step-by-step explanation:

Total Price = Shirts price+ Pants Price+ Dresses Price

= $3.0 + $ 4.5+ $ 5.0

= $ 12.5

Total Marked Up Price= Cost Price *(Marked %)

= 12. 5 * 250/100

= 12.5 * 2.5

= $ 31.25

The marked up percentage is multiplied with original cost to get the total marked up price.

The marked up percentage is 250% which means 250 per cent or 250/100

When we divide 250 with 100 we get 2.50

The total price is obtained by adding all the original prices of the given items.

Again multiplying 2.50 with the Total Price $ 12.5 gives the answer of $ 31.25

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