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3 years ago

5

A shoe store uses a markup rate 40% when determining the retail price of its items. If the store pays $42.25 for a pair of shoes

wholesale, what will be the retail price of that pair of shoes?

1 answer:

KatRina [158]3 years ago

3 0

$59.15

42.25 x .4 = 16.90
42.25 + 16.90 = 59.15

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Answer:

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Step-by-step explanation:

Here, we have

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For the second production method

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