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A sporting goods store pays $180 for a rubber raft. The percent of markup is 55%. Find the raft’s selling price.

A) $327.27
B) $81
C) $279
D) $99

User Tema
by
7.9k points

2 Answers

1 vote
C) 180(.55)+180

180(.55) = 99.

99+180 = $279
User Shalom Peles
by
7.6k points
4 votes

Answer:

The correct answer is C) $279

Explanation:

A sporting goods store pays $180 for a rubber raft.

The percent of markup is 55%.

Markup price =
0.55*180=99 dollars

So, the selling price means purchase price plus mark up price.

The selling price is =
180+99=279 dollars

Hence, the answer is $279.

User Nexevis
by
7.1k points