106k views
3 votes
A discount store marks up the merchandise it sells by 55% if the whole sale price of a particular item is $25 what should the retail price be set at

User Pod
by
8.1k points

1 Answer

3 votes
We're setting a price by increasing the value: 100% of the wholesale value, plus the markup (55%)
100+55 = 155% of the original price - 1.55 as a decimal number
25 x 1.55 = $38.75
User Asics
by
7.9k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories