Question

POSSIBLE POINTS: 2

A store owner buys a coat from a manufacturer at a price of $45. The coat is marked up 28% to sell
in the store. What is the retail price of the coat in the store?
SO 71

Answer 1

$45. 100%
X. 100+28=128%
X=45•128/100
X=5,760/100
X=$57.60
Retail price of a coat in store is $57.60.