A sporting goods store owner buys a pair of running shoes from a manufacturer for . He applies a markup to the wholesale cost to determine the final retail price. What is the retail selling price of the running shoes?
- A
- Cevap
- C
- D
Cevap
The correct answer accurately calculates the markup as () and correctly adds this markup to the original wholesale cost () to reach the final retail price of .
Adım Adım Çözüm
Anahtar Kavram
Calculating a percentage of a quantity and adding it to the original value to determine a final marked-up price.
Alternatif Yöntem
Instead of calculating the markup and adding it to the wholesale cost, you can multiply the wholesale cost directly by (which represents the original cost plus the markup). Thus, .
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