Question

A pair of shoes has a wholesale price of $28.The percent markup is 110%.what is the retail price?
didnt understand the other answer tht was given

Answer 1

Well, let's say 28$ is 100% of the price, and x 110. If we cross multiply, we get x*100%=110%*28
x=30.8$

Answer 2

Percent markup a calculation for how much something will sell for.

Sale Price = Cost + Cost * percent markup

Answer 3

In this case Cost is the same as wholesale price.

Answer 4

ThankssxD