Question

The wholesale price for a pair of shoes is $6.50. A certain department store marks up the wholesale price by 80%. Find the price of the pair of

shoes in the department store.
Round your answer to the nearest cent, as necessary.

Answer 1

$11.70 dollars

Explanation:

The original price of the shoes is $6.50, so we want to add 80% to that. There are two ways to do this.

Method 1:

Find 80% of 6.50, and add it to 6.50.

`6.5*0.8=5.2`

`6.5+5.2=11.7`

Method 2:

Multiply 6.5 by 1.8 (including the original percent of 100 and adding 80 percent to it)

`6.5*1.8=11.7`