First: markup rate × wholesale price = amount of markup
Second: Well the markup rate is a percentage, you have to convert it into a decimal. Percent means "out of one hundred," so <span>80%</span> is equivalent to <span>80/100 </span>which is also equal to <span>80÷100</span>.
<span>Third: 80÷100=0.80</span>
0.80 × $93.00 = $74.40
Fourth: The markup rate is a percentage of the wholesale price that is added to get the retail price, you can find the retail price with the following equation: amount of markup + wholesale price = retail price
<span>$74.40</span> + <span>$93.00</span> = <span>$167.40</span>
The retail price of the chair should be <span>$167.40</span>.
Answer:
greater than 1
Step-by-step explanation:
its greater because 1.01 is greater than 1
Answer:
$352
Step-by-step explanation:
x = total money she had
spent 25% of x = 88
solve for x
x = 88/0.25
x = $352
To answer this, first make an equation representing the data:
15+ 0.20X= Bill
now plug in data you know:
15 + 0.20(30)= bill
and finally solve it:
Bill= $21.00
