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Answered

A sporting goods store pays $180 for a rubber raft. The percent of markup is 55%. Find the raft’s selling price.

A$327.27
B$81
C$279
D$99

Verified Answer :

tina12510
C180(.55)+180

180(.55) = 99.

99+180 = $279

Answer:

The correct answer is C) $279

Step-by-step explanation:

A sporting goods store pays $180 for a rubber raft.

The percent of markup is 55%.

Markup price =\(0.55\times180=99\) dollars

So, the selling price means purchase price plus mark up price.

The selling price is = \(180+99=279\) dollars

Hence, the answer is $279.

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