Cost of boots: $99.99 Markup: 9% What is the new cost
1 answer:
Answer:
The new cost is $108.98
Step-by-step explanation:
Mark up is the amount that is added to cost price of a product for profit.
Given
Cost price of boots = C = $99.99
Mark up = 9%
First of all we will calculate markup and then add it to the cost price of boots to find the new cost.
The new cost will be:
The new cost is $108.98
You might be interested in
In order to divide integers, the first thing to check is the sign:
- When dividing two positive integers, the result will be a positive integer.
- When dividing two negative integers, the result will be a positive integer.
- When dividing integers with different signs (one negative and one positive), the result will be a negative integer.
Then, after checking the sign, we need to calculate the value of the division.
Some examples of divisions are:
In the first division, the result is 3, because we have that 8 * 3 is equal 24.
Also, both numbers are positive, so the result is also a positive number.
In the second division, the result is -3, because 5 * (-3) is equal -15.
The result is negative, because the two numbers have different signs.
In the third division, the result is 10, because -10 * 10 is equal -100.
The result is positive, because both numbers are negative.