You are buying shoes for an athletic store. They cost $32 per pair of shoes. The company decides Mark Up the shoes by 75%. What

Question

2 years ago

9

is the selling price for shoes in the athletic store?
A. $56.00
B. $40.00
C. $45.00
D. $24.00
E. $8.00

2 answers:

Molodets [167] · Answer 1 · 2023-06-01T11:16:37+03:00

Answer:

A. $56

Step-by-step explanation:

The markup is added to the cost price to find the selling price.

<h3>Markup</h3>

The markup is 75% of the cost price:

markup = 75% × $32 = $24

<h3>Selling price</h3>

The selling price is the cost price plus the markup:

selling price = cost + markup

selling price = $32 +24 = $56

The selling price of shoes in the athletic store is $56 per pair.

s344n2d4d5 [400] · Answer 2 · 2023-06-01T13:10:30+03:00

The selling price for shoes in the athletic store with 75% mark up is $\$56$

Selling price of the item is sum of Markup and cost price.

The cost of shoes is $\$32$ . The company decides Markup by $75\%$ of cost price.

<h3>Find Markup value.</h3>

Markup = $\frac{75}{100}\times 32$

Markup = $\$24$

<h3>Find selling price.</h3>

Selling price = Markup + Cost price

Selling price = $24+32$

Selling price = $\$56$

The selling price for the shoes in the athletic store is $\$56$ .

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