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A company is reselling shoes with a 20% markup. The original cost of the shoes are 29.95. What is the new cost of those shoes?
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3 votes
A company is reselling shoes with a 20% markup. The original cost of the shoes are 29.95. What is the new cost of those shoes?

User Matthieu Riegler
by
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1 Answer

3 votes
The original cost of the shoes is 29.95
10% of 29.95 = 2.995
so, 20% = 2.995 x 2 = 5.99
New cost of the shoes = 29.95 + 5.99 = 35.94
User Partha Mandal
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8.0k points
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