Answer:
1)The markup/percent Increase for the shoe is 136.709%
2)Amount of tax on the Kyrie 5 is $4.4
3)The new price of the shoe before taxes is $35.75
Step-by-step explanation:
1) Cost price of Kyrie 5 = $55
Selling price = $130.19.
Difference = 130.19-55=75.19
So, Percentage increase =
Percentage increase =
2)The state tax is 8%
So, Amount of tax on the Kyrie 5. =
=
= 4.4
So, You will pay $4.4 in taxes on the Kyrie 5.
3)You just found a coupon for 35% off!
New price of the shoe before taxes =
=35.75
So,the new price of the shoe before taxes is $35.75