Question
The wholesale price for a shirt is
. A certain department store mariss up the wholesale price by
. Find the price of the shirt in the department
store.
Round your answer to the nearest cent, as necessary.
store.
Round your answer to the nearest cent, as necessary.
Ask by Lynch Bird. in the United States
Jan 26,2025
Upstudy AI Solution
Tutor-Verified Answer
Answer
The price of the shirt in the department store is $14.45.
Solution
Calculate or simplify the expression
.
Calculate the value by following steps:
Calculate the value by following steps:
- step0: Calculate:
- step1: Add the numbers:
- step2: Multiply the numbers:
The price of the shirt in the department store after a markup of 70% is $14.45. Rounding to the nearest cent, the price is $14.45.
Answered by UpStudy AI and reviewed by a Professional Tutor
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Beyond the Answer
To find the selling price of the shirt in the department store, you start by calculating the amount of the markup. The markup is
of the wholesale price of
. So, the markup amount is:
Now, add this markup to the wholesale price to get the selling price:
Thus, the price of the shirt in the department store is
.