Question

Walmart bought a 12-pack of Pro-V1 golf balls for $20. Walmart marks up their golf balls

150%. How much should Walmart charge its customers who wanted to purchase a 12-pack of
Pro-V1 golf balls?
Round your answer to the nearest cent.
Show your work using division or multiplication, whichever is appropriate to this
situation.
Please use $ symbol in your answer.

Answer 1

Walmart should charge $50 for a 12-pack of Pro-V1 golf balls after marking them up 150% on the original purchase cost of $20.

Step-by-step explanation:

Walmart bought a 12-pack of Pro-V1 golf balls for $20 and wants to mark them up 150%. To find the sale price, first calculate the markup amount by multiplying the cost by the markup percentage, and then add that amount back to the original cost to find the sale price.

The markup amount can be calculated as follows:

• Markup Percentage = 150% = 1.50 (as a decimal)
• Markup Amount = Original Cost × Markup Percentage
• Markup Amount = $20 × 1.50
• Markup Amount = $30

Now, add the markup amount back to the original cost to get the sale price:

• Sale Price = Original Cost + Markup Amount
• Sale Price = $20 + $30
• Sale Price = $50

Therefore, Walmart should charge $50 for its customers who want to purchase a 12-pack of Pro-V1 golf balls.