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Reika [66]
3 years ago
7

A carpet store sells designer rugs at retail for $850.98. If a 50% markup based on cost is added, what is the cost (in $) of the

designer rugs?
Mathematics
1 answer:
sweet-ann [11.9K]3 years ago
5 0

Answer:

$1276.47

Step-by-step explanation:

Given that the designers rug is sold for $850.98 .

A 50% markup based on cost is added.

The new cost Will be 50% of $850.98 added to $850.98.

That’s 50%/100% x $850.98

0.5 x $850.98

$425.49

New cost = $850.98 + $425.49

= $1276.47

The cost of the designers rug will be $1276.47

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