Question
For exercises 1-3, find the total cost of each Item after the given markup. Round to the nearest cent.
-
tablet,
markup
-
jeons:
markup
-
jacket
markup
Ask by Paul Matthews. in the United States
Jan 24,2025
Upstudy AI Solution
Tutor-Verified Answer
Answer
- $715 Tablet: $965.25
- $25 Jeans: $29.00
- $120 Jacket: $124.80
Solution
Sure, let’s calculate the total cost for each item after applying the respective markup. The total cost is determined by adding the markup to the original price. This can be calculated using the formula:
1. $715 Tablet with a 35% Markup
Total Cost: $965.25
2. $25 Jeans with a 16% Markup
Total Cost: $29.00
3. $120 Jacket with a 4% Markup
Total Cost: $124.80
Summary:
- $715 Tablet: $965.25
- $25 Jeans: $29.00
- $120 Jacket: $124.80
Answered by UpStudy AI and reviewed by a Professional Tutor
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Mind Expander
To find the total cost of each item after applying the markup, you multiply the original price by the markup percentage (expressed as a decimal) and then add that amount to the original price.
-
For the tablet:
. Add to the original price: . So, the tablet costs . -
For the jeons:
. Add to the original price: . So, the jeons cost . -
For the jacket:
. Add to the original price: . So, the jacket costs .
So, the final amounts are:
- Tablet:
- Jeons:
- Jacket: