For exercises 1-3, find the total cost of each item after the given morkup. Round to the nearest cent. 1. \( \$ 115 \) tablet; \( 35 \% \) markup 2. \( \$ 25 \) jeans; \( 16 \% \) markup 3. \( \$ 120 \) jacket, \( 4 \% \) markup For exercises 4-11, answer the question. Round to the nearest cent. 4. Marcus customizes snowboards at a cost of \( \$ 14975 \). Then he includes a markup of \( 42 \% \) when he sells them to the skl resort. How much does the ski resort pay for a snowboard? 5. A local computer store purchases a laptop at a wholesale cost of \( \$ 475 \). The markup on the laptop is \( 32.5 \% \). Find the selling price of the laptop.
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To find the total cost of each item after the markup, simply calculate the markup amount, add it to the original price, and round to the nearest cent. 1. For the tablet: \( \$115 + (0.35 \times \$115) = \$115 + \$40.25 = \$155.25 \). 2. For the jeans: \( \$25 + (0.16 \times \$25) = \$25 + \$4 = \$29.00 \). 3. For the jacket: \( \$120 + (0.04 \times \$120) = \$120 + \$4.80 = \$124.80 \). --- 4. To calculate the cost for a snowboard, take Marcus's cost of \( \$14975 \) and add \( 42\% \). So, \( \$14975 + (0.42 \times \$14975) = \$14975 + \$6285.50 = \$21260.50 \). The ski resort pays \( \$21260.50 \) for a snowboard. 5. The local computer store pays \( \$475 \) for the laptop. Adding the 32.5% markup: \( \$475 + (0.325 \times \$475) = \$475 + \$154.375 = \$629.38 \). The laptop's selling price is \( \$629.38 \).