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OGD Electronics Store buys digital cameras from the manufacturer at $193.55. It then marks them

up 125% of the cost. What is the selling price you will find when you visit the store?

User Pcu
by
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1 Answer

5 votes

Answer : The selling price when you visit the store will be, $435.49

Step-by-step explanation :

Given:

Cost price = $193.55

Profit percent = 125 %

First we have to calculate the total profit.

Total profit =
\$ 193.55* 125\%

Total profit =
\$ 193.55* (125)/(100)

Total profit = $241.94

Now we have to calculate the selling price.

Selling price = Cost price + Total profit

Selling price = $193.55 + $241.94

Selling price = $435.49

Therefore, the selling price when you visit the store will be, $435.49

User Janak Prajapati
by
5.7k points