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7 votes
7 votes
Foot Locker bought Nike's latest shoes for $140. It marked them up by 30%. what price did the foot locker sell Nike's latest shoes for?

User Makram
by
2.6k points

2 Answers

26 votes
26 votes

Final answer:

Foot Locker sold Nike's latest shoes for $182.

Step-by-step explanation:

To calculate the price that Foot Locker sold Nike's latest shoes for, we need to find the markup amount and add it to the purchase price. First, we calculate the markup amount by multiplying the purchase price by the markup percentage. In this case, the markup percentage is 30%, so we multiply $140 by 0.30 to get $42. Next, we add the markup amount to the purchase price: $140 + $42 = $182.

User Maria Neumayer
by
3.0k points
27 votes
27 votes

Answer:

Sold for $182 Marked up $42

Step-by-step explanation:

just multiply 140 by 30% which is .3 as a decimal

when multiplied you get 42 so just add that to the original price and you get 182

User Victor Learned
by
3.1k points
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