Question

5.Footlocker buys Air Jordans for $30 a pair. They mark it up 75%. How much is the mark-up on a pair of Air Jordans

If you buy a pair of Air Jordans as mentioned in question #5, how much would you end up paying? (Hint: original amount + mark-up amount)

Answer 1

$52.50

Explanation:

What you do is you move the decimal two times to the left from 75%.

0.75*?=?

Take the orginal price and multiply ($30) by 0.75.

0.75*30= $22.50

Take 22.50 and add that to your original amount.

$22.50+$30= $52.50 or $52.5