Question

The jewelry center bought a pair of earrings for $250. They are going to mark the price of the earrings up 32.5%. How much will they sell the earrings for?

Answer 1

Answer:

$331.25

Step-by-step explanation:

Given:

The jewelry center bought a pair of earrings for $250

They are going to mark the price of the earrings up 32.5%

Question asked:

How much will they sell the earrings for ?

Solution:

Cost price of a pair of earrings =  $250

Mark up value = 32.5% of $250

                        = $\frac{32.5}{100} \times 250\\\frac{8125}{100} = 81.25$

Now, we can find selling price of a pair of earring by simply adding the cost price and the mark up value.

Selling price = cost price + mark up value

                     = 250 + 81.25

                     = $331.25

Thus, they sell the earrings for  $331.25