Which of the following laws is described in the situation below?
2 answers:
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X - Lisa's notebook
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
=
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