Question

A jewelry store bought a gold necklace and marked it up 110% from the original cost of $23.52. Later on, Dean purchased the gold necklace and paid 14.75% sales tax. How much, including tax, did he pay for the gold

necklace?

Answer 1

9514 1404 393

Answer:

$56.68

Explanation:

The final price is ...

(cost price) × (1 +110%) × (1 +14.75%) = (cost price)×2.10×1.1475

= $23.52×2.40975 ≈ $56.68

Dean paid $56.68 for the necklace.