Answer:
The required selling price of the shoes to the nearest dollar is $103.
Given that a departmental store sells a pair of shoes with an 87% markup and the store bought the pair of shoes for $55.25.
We are to find the selling price of the pair of shoes.
The markup price of the shoes is given by
Therefore, the selling price of the shoes is given by
Thus, the required selling price of the shoes to the nearest dollar is $103.
