Question

A company purchased 10,000 pairs of men's slacks for $19.16 per pair and marked them up $21.93. What was the selling price of each pair of slacks? Use the formulaS=C+MThe selling price of each pairs of slacks is ?

Answer 1

We can determine what was the selling price with the given formula S = C + M, where S is the selling price, M is the markup and C is the cost per pair. By replacing $19.16 for C and $21.93 for M, we get:

S = 19.16 + 21.93 = 41.09

Then, the selling price of each pair of slacks is $41.09