Question

A store marks up sporting goods 27%. Write a ​single term​ expression that represents the retail price of an item with an original cost of ​p​ dollars.

Answer 1

The retail price of an item with an original cost of p dollars that has been marked up by 27% can be represented by the expression 1.27p.

Step-by-step explanation:

To determine the retail price of an item with an original cost of p dollars that has been marked up by 27%, we need to first calculate the amount of the markup. The markup is equal to 27% of the original cost, which is 27% of p. To find this, we multiply p by 27% or 0.27. So the markup is 0.27p.

The retail price of the item is the sum of the original cost and the markup. Therefore, the expression that represents the retail price is given by p + 0.27p = 1.27p.