EsecassandC6he EsecassandC6he

11-05-2016
Mathematics

Answered

A sporting goods store pays $110 for a rubber raft. The percent of markup is 55%. Find the raft’s selling price.

$170.5

$49.5

$200

$60.5

Verified Answer :

24-05-2016

If you would like to find the raft's selling price, you can calculate this using the following steps:

100% + 55% = 155%
155% of $110 = 155% * 110 = 155/100 * 110 = $170.5

The correct result would be $170.5.

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