A clerk is marking up merchandise 34%. The original price of an item is $455. What will be the retail price?
2 answers:
Answer: $609.70
Step-by-step explanation:
Given : A clerk is marking up merchandise 34%.
The original price of an item is $455.
Then, the Mark up price = 34% of Original price
⇒ Mark up price [Replace 'of' by '× 'and convert percentage into decimal by dividing it by 100 ]
⇒ Mark up price= $154.70
Now , Retail price = Original price + mark up price
= $455+$154.70 =$609.70
Therefore , the retail price will be $609.70 .
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