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The wholesale cost for a baseball glove at a sporting goods store is $16.50. The store plans to mark up the glove by 120%. What will be the selling price of the baseball glove to the nearest cent?
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The wholesale cost for a baseball glove at a sporting goods store is $16.50. The store plans to mark up the glove by 120%. What will be the selling price of the baseball glove to the nearest cent?

User Harry Aung
by
8.1k points

1 Answer

3 votes

Answer:

  • $36.30

Explanation:

Given:

  • Cost price = $16.50
  • Mark up rate = 120%

Selling price is:

  • $16.50 + 120% =
  • $16.50*2.2 =
  • $36.30
User Epochwolf
by
7.7k points
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