Question

Kim bought her Supreme shoes for $52 on eBay. She marks up the shoes to resell on GOAT for 120% of the price.

a) What is the amount of markup? $




b) What is the price of the shoes after markup? $

Answer 1

a) $10.4

b) $62.4

Explanation:

a) What is the amount of markup? $

$52 - 100%

$X - 120%

100X = 52*120

100X = 6240

X = 6240/100

X = $62.4

62.4-52=

$10.4

b) What is the price of the shoes after markup? $

$62.4

Answer 2

A) $10.40
B) $62.40
hope this helps!!