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stealth61 [152]
3 years ago
11

A retailer buys a coat in bulk at a unit price of $45. The coat is marked up to 28% to sell in the store. What is the price of t

he coat in the store?
Mathematics
1 answer:
Lostsunrise [7]3 years ago
8 0

Answer:

57.60

Step-by-step explanation:

If the coat is marked up 28%, then the cost is increased by 28% to produce the selling price.

SP = 45 + 28/100 * 45

SP = Selling Price

SP = 45 + 28*45 / 100

SP = 45 + 1260 / 100

SP = 45 + 12.60

SP = 57.60

Answer: The selling price is 57.60

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