Question

A pair of basketball shoes was originally price at $80, but was mark up 37.5% what was the retail price of the shoes

Answer 1

The retail price of the shoes will be $110.

Explanation:

When it comes to mark up, you would add 1 to the percentage in decimal form, because the price is going up. After you do that, you multiply that number by the original price. In this case, 37.5% is 0.375 in decimal form. 1 + 0.375 is 1.375. 80 * 1.375 is 110. There. The retail price of the shoes is $110.

Answer 2

37.5 is equivalent to 3/8

3/8 × 80= $30

80+ 30= $110

or 38.5/ 100 × 80 = $30
30 + 80 = $110