A ticket to the Lovehammers concert at Metro was marked up by 95.5%. If the original price was $10, what was the final price including fees (the marked up price)?

Question

A ticket to the Lovehammers concert at Metro was marked up by 95.5%.  If the original price was $10, what was the final price including fees (the marked up price)?

anonymous · Answer

well this word problem can be turned into the equation...
$10 * .955 + $10 = Final price

anonymous · Answer

increasing a number by 100% would be the same as doubling it. So you just multiply the cost by the marked up price 95.5%. The percent sign means out of 100 so it's really 95.5/100. Then you add that to the original price since it is being marked up. That gets you the solution.

saifoo.khan · Answer

@satellite73 http://openstudy.com/study#/updates/505bd454e4b02e13940f80c1

anonymous · Answer

or try $10\times (1.95)$

anonymous · Answer

19.55?

anonymous · Answer

yes. lol