3 years ago

16. A clerk is marking up merchandise 28%

Mathematics

1 answer:

8090 [49]3 years ago

3 0

Step-by-step explanation:

Original Price = $499

100% of something is the original price. when you mark something up, you are increasing the price. when the clerk marks up merchandise by 28%, they are increasing the price by 28%.

This means that the price is original + markup = 100 + 28 = 128%

Therefore, the retail price is

499 x 128% = $638.72

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