For exercises 1-3, find the total cost of each Item after the given markup. Round to the nearest cent. 1. \( \$ 715 \) tablet, \( 35 \% \) markup 2. \( \$ 25 \) jeons: \( 16 \% \) markup 3. \( \$ 120 \) jacket \( 4 \% \) markup
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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. 1. For the tablet: \( 715 \times 0.35 = 250.25 \). Add to the original price: \( 715 + 250.25 = 965.25 \). So, the tablet costs \( \$965.25 \). 2. For the jeons: \( 25 \times 0.16 = 4.00 \). Add to the original price: \( 25 + 4.00 = 29.00 \). So, the jeons cost \( \$29.00 \). 3. For the jacket: \( 120 \times 0.04 = 4.80 \). Add to the original price: \( 120 + 4.80 = 124.80 \). So, the jacket costs \( \$124.80 \). So, the final amounts are: 1. Tablet: \( \$965.25 \) 2. Jeons: \( \$29.00 \) 3. Jacket: \( \$124.80 \)