Question

A pair of earrings has a 130% markup rate based on cost. The selling price is $77.77. What is the markup to the nearest cent? (Hint: Find cost first.)

Answer 1

@perl

Answer 2

@amistre64

Answer 3

@tkhunny

Answer 4

@confluxepic

Answer 5

@Michele_Laino

Answer 6

help!!!

Answer 7

@Freez

Answer 8

@JackofallTradez

Answer 9

Use this eqn to find cost: Cost * markup = price

Answer 10

? can u help me through the steps

Answer 11

Sure, follow the first step that i wrote above plz

Answer 12

the cost is not shown tho only th selling price and mark up rate we got to find the cost

Answer 13

59.83

Answer 14

cost? 59.83?

Answer 15

@sdfgsdfgs

Answer 16

sorry got distraced. good u got the cost....although my calculator says its 59.82...

Answer 17

i got 17.95 nut it says it wrong

Answer 18

u may want to check n see if the cost comes up right.

Once u get the cost, the markup = price - cost

Answer 19

but

Answer 20

whta does 17.95 round up to

Answer 21

i got 17.95 too...did the Q say round to 2 decimals or what?

Answer 22

to the nearest cent

Answer 23

ooooooo im so sorry @fani1996

the eqn should be cost * (1+markup) = price

im so sorry!

Answer 24

so how do i write that 59.82x (1+17.95

Answer 25

i am confused

Answer 26

they want the mark up

Answer 27

No, it should be Cost * (1+1.3) = 77.77 then calculate the cost.
Markup = price - cost

Answer 28

Do the calculation n I will double-check for u :)

Answer 29

it gives me 17.i95r

Answer 30

17.95

Answer 31

No, I am sorry @fani1996 the eqn should now be Cost * (1+1.3) = 77.77

Note the (1+1.3) part and re-do the cal plz

Answer 32

idont get it im confused i give up