The wholesale cost for a baseball glove at a sporting goods store is $16.50. The store plans to mark up the glove by 120%. What
will be the selling price of the baseball glove to the nearest cent?
1 answer:
Answer:
Step-by-step explanation:
<u>Given:</u>
- Cost price = $16.50
- Mark up rate = 120%
<u>Selling price is:</u>
- $16.50 + 120% =
- $16.50*2.2 =
- $36.30
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